Mercury NZ Ltd

MCY: XNZE (NZL)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Mercury NZ: Upgrades Guidance by 5% on Strong Hydro Generation

Adrian Atkins

Apr 22, 2026

Mercury NZ upgraded fiscal 2026 EBITDA guidance by 5% to NZD 1.05 billion mainly on strong hydro generation. In the nine months to March 31, 2026, total generation was up 14% year on year, while mass market electricity prices were up 6% and gas prices were up 37%.

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Mercury NZ Ltd

Mercury NZ: Upgrades Guidance by 5% on Strong Hydro Generation

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