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Mercury NZ Doubles Profit, Powers Ahead with $1 Billion Renewables Push
7:42am on Tuesday 24th of February, 2026 AEDT
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Energy
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Mercury NZ Doubles Profit, Powers Ahead with $1 Billion Renewables Push
7:42am on Tuesday 24th of February, 2026 AEDT
Key Points
130% increase in net profit to NZD 20 million
28% rise in EBITDAF to NZD 537 million
Half of $540 million investment allocated to renewables development
Interim dividend up 4% to 10 cents per share
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MERCURY NZ (ASX:MCY)
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