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Contact Energy

Directory

NZX code:
CEN
Short name:
Contact Energy
Legal name:
Contact Energy Limited
Industry sector: Energy
NZX50 rank: [no data]
Head office:
Level 2, Harbour City Tower, 29 Brandon Street, Wellington, 6011
Chairman:
Rob McDonald
Chief executive:
Mike Fuge
Financial year ended:
June
Locations: New Zealand
Auditor:
KPMG
Bankers:
Westpac et al.

Contact Energy

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Financial Data

A. Recent trading and performance summary

Total revenue NPAT Earnings per share
bln mln cents
2018 2.3 132 18
2019 2.5 345 48
2020 2.1 125 18
2021 2.6 187 25
2022 2.4 182 23
2023 2.1 127 16
2024 2.9 235 30
2025 3.4 331 42

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B. Recent financial position summary

Total assets Total Liabilities Equity ratio
bln bln %
2018 5.3 2.6 51
2019 5.0 2.2 56
2020 4.9 2.3 54
2021 5.0 2.1 58
2022 5.2 2.3 55
2023 5.8 3.0 48
2024 6.2 3.6 42
2025 6.8 4.1 41

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C. Recent cash flows and positions

Cash inflows Cash outflows Cash and equiv. at year end
mln mln mln
2018 457 460 3
2019 720 676 47
2020 341 344 44
2021 432 326 150
2022 400 330 168
2023 395 865 140
2024 580 845 229
2025 813 528 514

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D. Recent key ratio analysis

Earnings per share Price:Earnings ratio NTA/share Dividend yield
cents annual avg dollars annual avg %
2018 18 32 4 6
2019 48 17 4 5
2020 18 36 3 6
2021 25 33 3 4
2022 23 31 3 5
2023 16 53 3 6
2024 37 24 3 5
2025 28 32 3 6

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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 as CEO of CEN in September 2019, starting the role in February 2020. Prior to joining CEN, Fuge was the Chief Executive of Refining NZ holding vast experience in the energy sector both in New Zealand, and globally. Internationally Fuge was the Chief executive of global renewable energy company Pacific Hydro, locally he held senior roles at Genesis Energy, and Royal Dutch Shell Group.

Chairman profile

Rob MacDonald was appointed director in November 2015. MacDonald's finance career spans over 30 years, joining Coopers and Lybrand in the corporate advisory and valuations in 1985. Whilst being Chair of CEN, MacDonald is also current board member of Fletcher Building, Chartered Accountants Australia and New Zealand Inc and AIA limited. MacDonal holds a Bachelor of Commerce from the University of Auckland. In 1999, he completed the Management Development programme at Harvard business school.