FY2019 EBITDAF guidance revised to $495 million

FY2019 EBITDAF guidance revised to $495 million
18 April 2019 –
Mercury announced today that it has revised its FY2019 EBITDAF guidance from $515 million to $495 million.
This is due to an expected 150 GWh reduction in full year forecast hydro generation due to continued dry weather in the Taupo
area. Based on hydro generation year to date and the current below average Taupo lake level, this 150 GWh reduction is
forecast to mostly occur in Q4-FY2019. FY2019 annual hydro generation is now forecast to be 4,000 GWh in line with the
historic average.
Guidance may change and remains subject to any material events, significant one-off expenses or other unforeseeable
circumstances including changes in hydrological conditions.

ENDS
For further information:
Media – Craig Dowling 0272 105 337
Investors – Tim Thompson 0275 173 470
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maintain a long term view of sustainability; and promote wonderful choices. Mercury is energy made wonderful.
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