COVID-19

AGL records 22% drop in profit

AGL Energy took a significant full-year hit from the Black Summer bushfires and then the COVID-19 pandemic but says energy supply remains “resilient” and results in line with guidance provided at the beginning of 2020.

Company still confident of big plans

Company still confident of big plans

Underlying EBITDA came to just over A$2 billion, down 9%, while underlying profit after tax was down 22% at $816 million compared to last financial year.  Net cash from operation activities however...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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