Meridian Energy Ltd

MEZ: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Meridian Earnings: Rebound on Stronger Hydrogeneration, Growth to Slow

Adrian Atkins

Aug 26, 2026

Meridian Energy's fiscal 2026 EBITDA increased 72% to NZD 1.05 billion, mainly on 15% higher hydroelectric generation volumes. DPS increased 7% to NZD 22.50, mostly imputed. Fiscal 2027 guidance is for 3% EBITDA growth at the midpoint.

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Meridian Energy Ltd

Meridian Earnings: Rebound on Stronger Hydrogeneration, Growth to Slow

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