Oct 19 (Reuters) - Origin Energy Ltd (ORG) :
- IN RETAIL, WITH IMPLEMENTATION OF KRAKEN, EXPECTS TO DELIVER ON TARGETED A$200 MILLION- A$250 MILLION CASH COST SAVINGS FOR FY24 FROM FY2018 BASELINE
- EXPECTS ENERGY MARKETS UNDERLYING EBITDA TO BE A$500 MILLION TO A$650 MILLION FOR FY2023
- HAS CONTRACTED 4.4 MILLION TONNES OF COAL OF A TARGETED 5 TO 6 MILLION TONNES, AND EXPECTS TO REACH THIS TARGET BY END OF 2022
- IMPROVEMENT IN ENERGY MARKETS UNDERLYING EBITDA COMPARED TO PRIOR YEAR IS DRIVEN BY AN EXPECTED INCREASE IN NATURAL GAS GROSS PROFIT
- FY COST TO SERVE IS EXPECTED TO BE RELATIVELY FLAT ON FY2022
- AUSTRALIA PACIFIC LNG CAPITAL AND OPERATING EXPENDITURE FY23 GUIDANCE IS UNCHANGED
- IN 2024 FINANCIAL YEAR, ORIGIN ANTICIPATES FURTHER GROWTH IN ENERGY MARKETS UNDERLYING EBITDA
(([email protected];))
News: ORG Origin Energy Sees FY23 Energy Markets Underlying Ebitda Of A$500 Mln To A$650 Mln
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