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Genesis Energy Raises FY26 EBITDAF Guidance on Strong Hydro and Cost Control
6:54am on Thursday 23rd of April, 2026 AEST
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Energy
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Genesis Energy Raises FY26 EBITDAF Guidance on Strong Hydro and Cost Control
6:54am on Thursday 23rd of April, 2026 AEST
Key Points
Hydro generation up 55% year-on-year to 745 GWh
Total electricity sales down 6.4%, reflecting customer optimisation
EBITDAF guidance raised to NZ$515–545 million for FY26
Thermal generation and Kupe oil production decline notably
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Genesis Energy (NZX:GNE)
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