Mercury NZ Ltd
MCY: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #.@ | LOCK|vqw&M | LOCK|$WbfTMJ |
Mercury Earnings: Strong Performance Driven by Hydro Generation Rebound
Mercury NZ's fiscal 2026 EBITDA increased 36% to NZD 1, 068 million on a rebound in hydroelectric generation following the prior year's drought, new geothermal and wind generation assets, and higher retail electricity prices. Fiscal 2027 guidance is for NZD 1,075 million, up 1%.
