Mercury (MCY.AX) announced that it has upgraded its fiscal 2026 EBITDAF guidance to NZ$1.05 billion from NZ$1.0 billion. The company said this reflects disciplined portfolio management and higher forecast renewable generation from hydro and new generation.
Mercury also stated that it delivered a strong third quarter, with higher renewable generation and disciplined portfolio management supporting trading margin of NZ$325 million, up 27% on PCP.
Shares of Mercury NZ are trading at NZ$6.62, up 2.16%.
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.