BBP 0.00% 9.5¢ babcock & brown power

I disagree that the weather is a poor excuse. The Alinta...

  1. 328 Posts.
    I disagree that the weather is a poor excuse. The Alinta business provides gas to most WA homes and relies on the heating during winter to get a lot of profits. There is no way that anyone would have forecasted the lack of rain and cold weather that Perth is having. This would have a material impact to the performance of the Alinta Business. How many people in WA would have pulled out their heaters yet?
    Very simply : warm winter = lower profits
    cold winter = higher profits
 
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