Contact Energy (CEN)•HY26•Released 16 February 2026PBT jumped 43.8% on margin expansion despite a 5.3% revenue declineEBITDAF margin reached 30.9%, above the historical range, while a $525m equity raise lifted total assets 52% and pushed leverage to 5.8x.Published 21 April 2026Read briefing→
Contact Energy (CEN)•FY25•Released 18 August 2025NPAT rose 40.9% but cash conversion fell to 62.4% on working capital buildReported earnings growth ran well ahead of cash generation as receivables and inventory absorbed NZD 155m of working capital.Published 22 April 2026Read briefing→
Contact Energy (CEN)•HY25•Released 17 February 2025Revenue +30.7% but cash conversion fell to 50.2% from 70.9%EBITDAF grew 14.1% yet operating cash dropped 19% on a $57m inventory build, lifting the NPAT payout ratio to 89.4%.Published 22 April 2026Read briefing→
Contact Energy (CEN)•FY24•Released 19 August 2024Leverage to 2.5x as prior-year provision flatters reported EBITDAF gainUnderlying EBITDAF grew 16% to $663m once the FY23 base is adjusted for the $113m onerous contract provision booked in the prior period.Published 22 April 2026Read briefing→
Contact Energy (CEN)•HY24•Released 19 February 2024EBITDAF up 38% and cash conversion hit 70.9%, above CEN's normal rangeWholesale earnings drove a strong operating recovery, but net debt rose NZ$384m and leverage remains elevated at 4.58x EBITDAF.Published 22 April 2026Read briefing→
Contact Energy (CEN)•FY23•Released 14 August 2023Net debt tripled to $2.6bn as leverage hit 5.6x EBITDAFCapex jumped to $541m while EBITDAF fell 14%, lifting leverage from 1.7x to 5.6x and materially tightening financial flexibility.Published 22 April 2026Read briefing→
Contact Energy (CEN)•HY23•Released 13 February 2023EBITDAF fell 24% as capex jumped 80% and pre-lease FCF halved to $63mCash conversion dropped to 46.7%, below the historical baseline, leaving the maintained 14.0cps dividend uncovered by free cash flow.Published 22 April 2026Read briefing→