18 February 2014
Contact Energy Limited - Half year results
"Contact’s earnings have become more predictable with the reduction in gas take-or-pay commitments, the upgrade of the inter-island transmission link and investment in thermal plant flexibility.
Higher than normal inflows to hydro schemes avoided the need to run expensive thermal generation and reduced energy procurement costs. With more customers on discounted prices Contact maintained sales volumes and customer numbers in what remains a highly competitive retail market” Chief Executive Dennis Barnes said.
Origin expects to recognise non-cash charges for FY2021 and issues guidance for FY2022
Origin Energy Limited (Origin) expects to recognise non-cash post-tax charges of $2,247 million in its FY2021 Statutory Income Statement to be released with its full-year results on 19 August 2021. Origin has also issued guidance for FY2022.