AGL reports "disciplined" half-year

AGL CEO Brett Redman has noted in the utility’s half year report that despite a decline in profit year-on-year, the company is tracking ahead of expectations given the increasing challenges in the industry.

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Expected to meet guidance despite reduced profit

 
Underlying profit after tax stood at A$432 million, down 20% compare to the same period in 2018, while underlying earnings per share was down 19%.

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