Meridian Energy Ltd
MEL: XNZE (NZL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &.# | LOCK|f&dl | LOCK|JnCfN$@ |
Meridian Earnings: Rebound on Stronger Hydrogeneration, Growth to Slow
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.
