Vector Posts Higher Fiscal H1 Earnings; Total Revenue Flat

MT Newswires Live
02-26

Vector Limited (NZE:VCT) reported Wednesday that its earnings per diluted share in the fiscal first half rose to NZ$0.124 from NZ$0.024 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of NZ$0.09.

Total revenue for the six months ended Dec. 31, 2024, was NZ$629.8 million, up 0.7% year on year. Analysts surveyed by Visible Alpha expected NZ$455.3 million.

For fiscal 2025, the energy and communications firm expects adjusted earnings before interest, taxes, depreciation, and amortization of NZ$400 million to NZ$415 million.

The board declared an interim dividend of NZ$$0.12 per share, up from NZ$0.0925 in the previous reported period, payable on March 31 to shareholders on record as of March 21.

Vector's shares were up 4% in recent morning trade.

Price (NZD): $3.90, Change: $+0.15, Percent Change: +4.00%

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