CEN - Contact Energy profile
This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Contact Energy
Directory
| NZX code: | CEN |
| Short name: | Contact Energy |
| Legal name: | Contact Energy Limited |
| Industry sector: | Electrical Generation |
| NZX50 rank: | 7 of 50 |
| Head office address: | Level 2, Harbour City Tower, 29 Brandon Street, Wellington, 6011 |
| Chairman: | Robert McDonald |
| Chief executive: | Mike Fuge |
| Financial year ended: | June |
| Locations: | New Zealand |
| Auditor: | KPMG |
| Bankers: | Westpac et al. |
Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye June | bln | mln | cents |
| 2016 | $2.163 | -$66 | -9.1 |
| 2017 | $2.079 | $151 | 21.0 |
| 2018 | $2.275 | $132 | 18.4 |
| 2019 | $2.519 | $345 | 48.2 |
| 2020 | $2.073 | $125 | 17.5 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye June | bln | bln | % |
| 2016 | $5.65 | $2.83 | 49.9 |
| 2017 | $5.46 | $2.68 | 50.9 |
| 2018 | $5.31 | $2.58 | 51.4 |
| 2019 | $4.95 | $2.17 | 56.2 |
| 2020 | $4.90 | $2.28 | 53.5 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye June | mln | mln | mln |
| 2016 | $556 | $555 | $5 |
| 2017 | $502 | $501 | $6 |
| 2018 | $457 | $460 | $3 |
| 2019 | $720 | $676 | $47 |
| 2020 | $341 | $344 | $44 |
Description of trading activities
Contact Energy Limited is a New Zealand electricity generator, natural gas wholesaler and electricity, natural gas, broadband and LPG retailer.
CEO profile
Mike Fuge was appointed the CEO of Contact Energy in September 2019 and joined Contact in February 2020. He was previously the CEO of Refining NZ and Pacific Hydro in Australia and has had senior roles at Genesis Energy and the Royal Dutch Shell Group.
Chairman profile
Robert has had a finance career of over 30 years. He is currently a director of Fletcher Building Limited, Chartered Accountants Australia and NZ, AIA Limited and was formerly the CFO of Air New Zealand. He has a Bachelor of Commerce from the University of Auckland.
Links:
| Company website: | https://contact.co.nz/residential |
| Investor information: | https://contact.co.nz/aboutus/investor-centre/investor-information |
| NZX listing: | https://www.nzx.com/companies/CEN |
| Annual reports: | https://contact.co.nz/aboutus/investor-centre/reports-and-presentations |