Company News Summary | 12 Aug 2021

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AGL Energy Reports FY 2021 Results and FY 2022 Earnings Guidance

08:31:00 | Associate analysts

Original annuncemenet:FY21 Results and FY22 Earnings Guidance

AGL Energy reported FY 2021 results and FY 2022 earnings guidance. It reported Underlying EBITDA of $1,666m, down 18% on FY 2020. The Company noted it is on track to deliver at least $150m in operating cost reduction for FY 2022 and $100m reduction in sustaining capital expenditure by FY 2023. It reported Final dividend of 34 cps declared, resulting in Total FY 2021 dividend of 75c.

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