Mercury's putting a surge in revenue down to improved hydro-conditions - and lower operating costs
Mercury's putting a surge in revenue down to improved hydro-conditions - and lower operating costs
24 February 2026
The power retailer's total earnings for last year's second half were 28 percent up on the year before - at 537 million dollars.
It pulled in 20 million dollars in profits - jumping 130 percent.
Chief executive Stew Hamilton says this allows further investment in renewables - and sustainable shareholder returns.
Contact and Genesis have announced capital raises, but Mercury says its balance sheet is strong with capital headroom.
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