Contact Energy

Contact Energy was formed in 1996 and listed on the NZX in 1999. The company is the second largest generator of electricity in New Zealand with over 80% coming from renewable sources.

Contact operates two hydro stations, five geothermal power plants, two gas turbine plants and one diesel fired plant. The company is currently evaluating the feasibility of building another geothermal plant in the North Island. Contact also supplies households with piped natural gas, broadband internet and bottled LPG gas through subsidiary, Rockgas.

The company is dual listed on the NZX and ASX and appointed Mike Fuge as CEO in 2019.

Company Details

Registered Office: Harbour City Tower, 29 Brandon Street, Wellington 6011

Postal Address: PO Box 10742, The Terrace, Wellington 6143

Telephone: +64 4 499 4001

Facsimile: +64 4 499 4003

Website: http://www.contactenergy.co.nz/

First Listed: 11/05/1999

Balance Date: 30 June

AGM: 15/11/2023

Directors and Executives

Kirsten Clayton

Company Secretary

Dorian Devers

Chief Financial Officer

Sandra Dodds

Independent Non-Executive Director

Mike Fuge

Chief Executive Officer

Jon Macdonald

Independent Non-Executive Director

Rob McDonald

Independent Chairman

Rukumoana Schaafhause Independent Non-Executive Director

David Smol

Independent Non-Executive Director

Elena Trout

Independent Non-Executive Director

Announcements

Title	Date	Type
March 2024 Operating Report	Wed, Apr 17 2024 08:30 am	MKTUPDTE
Tauhara commissioning progress update	Thu, Mar 28 2024 08:30 am	GENERAL
D&O Ongoing Disclosures	Mon, Mar 25 2024 10:15 am	SHINTR
Capital Change Notice - DRP	Mon, Mar 18 2024 04:29 pm	SECISSUE
February 2024 Operating Report	Mon, Mar 18 2024 08:30 am	MKTUPDTE
Update to gas supply forecast	Thu, Mar 07 2024 09:51 am	GENERAL
DRP strike price	Thu, Mar 07 2024 09:35 am	GENERAL
ASX 3A.1 Notification of dividend	Tue, Feb 20 2024 03:36 pm	GENERAL
CEN performance demonstrates underlying business health	Mon, Feb 19 2024 08:30 am	HALFYR
January 2024 Operating Report	Mon, Feb 19 2024 08:30 am	MKTUPDTE

Major Holdings Announcements

Date	Name	No. Held	%	Current
30/08/22	BlackRock, Inc. and related bodies	38,996,074	5.00	5.00
28/01/22	Milford Asset Management Limited	47,603,648	5.06	6.11
03/08/21	The Vanguard Group, Inc.	23,689,934	5.00	3.05
06/11/20	Accident Compensation Corporation	35,839,262	5.05	4.99
28/02/19	AustralianSuper Pty Ltd	18,352,422	5.07	2.56
04/12/17	BlackRock Inc	17,264,681	5.38	2.41

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
15/11/23	Rukumoana Schaafhausen	1,295	-	-	-
26/10/23	Sandra Dodds	19,750	-	-	-
26/10/23	Dorian Devers	39,747	-	-	-
26/10/23	Michael Joseph Fuge	80,135	-	-	-
03/10/23	Jonathan Keith Macdonal	25,486	-	-	-
03/10/23	Elena Josephine Trout	23,407	-	-	-
03/10/23	David Smol	22,376	-	-	-
18/10/22	Rob McDonald	34,602	-	-	-
04/10/22	Victoria Helen Crone	22,389	-	-	-
19/03/21	Dame Therese Walsh	17,225	-	-	-
19/03/21	Whaimutu Dewes	23,081	-	-	-
15/06/20	Dennis Barnes	675,000	-	-	-
28/09/18	Graham John Cockroft	111,817	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	228.0	41.6	35.0	2,603.7	344.9	606.2
high	228.0	41.6	35.0	2,603.7	344.9	606.2
low	228.0	41.6	35.0	2,603.7	344.9	606.2
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 26/09/2023