June 16 (Reuters) - AGL Energy Ltd (AGL) :
- HAS NARROWED ITS UNDERLYING EARNINGS RANGES FOR FY23
- SEES FY23 UNDERLYING EBITDA BETWEEN A$1,330 MILLION AND A$1,375 MILLION
- SEES FY23 UNDERLYING PROFIT AFTER TAX BETWEEN A$255 MILLION AND A$285 MILLION
- INTENDED THAT FY23 DIVIDEND DECLARED AS PER CURRENT POLICY, TARGETING A PAYOUT RATIO OF 75 PERCENT OF UNDERLYING PROFIT AFTER TAX
- FY24 GUIDANCE UNDERLYING EBITDA OF BETWEEN A$1,875 MILLION AND A$2,175 MILLION
- UPDATED DIVIDEND POLICY, EFFECTIVE FROM FY24 INTERIM DIVIDEND WILL TARGET PAYOUT RATIO OF 50 TO 75 % OF UNDERLYING PROFIT AFTER TAX
- - EXPECT FY24 TO BE A STRONGER YEAR AS WE SEE SUSTAINED RECOVERY OF WHOLESALE ELECTRICITY PRICES ROLL THROUGH
- HAVE AN AMBITION TO ADD UP TO 12 GW OF RENEWABLE AND FIRMING ASSETS BY END OF 2035
- FY24 GUIDANCE FOR UNDERLYING PROFIT AFTER TAX BETWEEN A$580 MILLION AND A$780 MILLION
- MAY BEGIN TO PAY PARTLY FRANKED DIVIDENDS FROM INTERIM FY25 DIVIDEND
- SEES TO ADD UP TO 12 GW OF RENEWABLE AND FIRMING ASSETS BY END OF 2035
News: AGL AGL Energy Announces Revision For FY23 and FY24 Earnings Guidance
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