Mercury NZ Ltd
MCY: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| r.r | LOCK|W^>L% | LOCK|GMvY^Z |
Mercury NZ: Upgrades Guidance by 5% on Strong Hydro Generation
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%.
