Mercury NZ Ltd (OTCPK:MGHTF)
$ 4.1 0 (0%) Market Cap: 5.85 Bil Enterprise Value: 6.91 Bil PE Ratio: 222.67 PB Ratio: 1.95 GF Score: 83/100

Full Year 2021 Mercury NZ Ltd Earnings Call Transcript

Aug 16, 2021 / 11:00PM GMT
Release Date Price: $2.53
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Mercury Annual Results Analyst Briefing for 2021. (Operator Instructions) And just please be advised that today's conference is being recorded. But I will now hand the conference over to your first speaker for today, Chief Executive, Vince Hawksworth. Thank you, and please go ahead, Vince.

Vincent John James Hawksworth
Mercury NZ Limited - CEO

Thank you, and good morning, everybody, and welcome to the FY '21 Mercury Annual Results Presentation. I'm joined here this morning by William Meek, our Chief Financial Officer, and we'll work through the presentation jointly.

So turning to Slide 3. I'll start there with the highlights. So our EBITDAF result of $463 million was obviously down versus the prior year, reflecting the fourth lowest inflows since 1999 and, obviously, also our Kawerau plant outage. So that outage of 42 days and the low inflows combined with the high spot prices, which occurred due to generally low inflows and also low gas deliverability, resulted in a difficult year

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot