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AGL Energy Provides 2019 Half Year Results Presentation

07 Feb 2019  |  08:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2019 Half Year Results Presentation

AGL Energy provided 2019 half year results presentation. It reported $1.9bn of new energy supply projects are under construction; further $1.5bn is subject to feasibility securing pumped hydro options; and new residential battery offering is ready for July 2019. It reported statutory profit after tax of $290, down 53%, statutory EPS of 44.2c, down 53%, and underlying EPS of 81.9c, up 10%. The domestic conventional gas production continues to decline with future supply shortfalls forecast.

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