About Vector
Vector is an innovative New Zealand energy and digital solutions company, which runs a portfolio of businesses delivering energy, technology and communication services to more than 620,000 residential and commercial customers across New Zealand. Vector has a leading role in creating a new energy future through its Symphony strategy which puts customers at the heart of the energy system.
Vector’s majority shareholder, with voting rights of 75.1%, is Entrust. For further information, visit www.vector.co.nz
Vector listed on the NZSX in 2005.
The following information was extracted from Vector Limited's half year results, released on 26 February 2025:
Vector Group (NZX: VCT) today announces its result for the first half of the 2025 financial year.
Vector chief executive Simon Mackenzie said: “We’re pleased to report strong financial results for the group over the past six months, with a group net profit after tax, for continuing operations, of $118 million.
“Adjusted EBITDA, which does not include the capital contributions customers pay for new connections on the network, was up 16% to $202 million.
The company will pay an unimputed interim dividend of 12 cents per share.
The board has approved revisions to the dividend policy, linking to cash flow. The intent is to align the policy with the Commerce Commission’s five-yearly regulatory cycle, as this is a large part of what determines our revenue and earnings in each five year period. The revised policy is attached to this release and is available on Vector’s website.
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