Meridian Energy Ltd (ASX:MEZ)
A$ 5.22 -0.29 (-5.26%) Market Cap: 14.25 Bil Enterprise Value: 15.30 Bil PE Ratio: 34.02 PB Ratio: 1.77 GF Score: 75/100

Half Year 2023 Meridian Energy Ltd Earnings Call Transcript

Feb 28, 2023 / 10:00PM GMT
Release Date Price: A$4.85 (+2.97%)
Neal Barclay
Meridian Energy Limited - CEO

(foreign language), and welcome to Meridian's interim results presentation for the 6 months to December 2022. I'm Neal Barclay, Meridian's Chief Executive, and I'm joined here by Mike Roan, our CFO.

Firstly, I'd like to acknowledge those people impacted by Cyclone Gabrielle and Hale. So those who have lost their lives, their homes and the many thousands of kiwis who are doing their part to support our regions to get back on their feet, our thoughts and our hearts are with you.

I'll start by talking to some of our business highlights in the last 6 months, and then I'll hand over to Mike to talk you through the financial results. After Mike, I'll be back to provide an update on a few different fronts, and then we can get on to the questions.

So we're very pleased to announce another incremental lift in interim dividend on the back of a lift in cash earnings. Mike will provide insight into our earnings lift shortly. And it's fair to say that there are a few one-offs that affect this result. But importantly, the underlying drivers of

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