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MCY - Mercury 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.

Mercury NZ 


NZX code: MCY
Short name: Mercury
Legal name: Mercury NZ Limited
Industry sector: Electricity generation 
NZX50 rank: 11 of 50
Head office address: The Mercury Building 33, Newmarket, Auckland 1023
Chairman: Prue Flacks
Chief executive: Vince Hawksworth
Financial year ended: June
Locations: New Zealand
Auditor: EY
Bankers: ANZ, ASB, BNZ, CCB, MUFG, Mizuho Bank, Westpac

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Financial statement history

A. Recent trading and performance summary:

NPAT Earnings
per share
fye June bln mln cents
2016 $1.564 $160 11.6
2017 $1.597 $184 13.4
2018 $1.798 $234 17.0
2019 $2.001 $357 26.2
2020 $1.768 $207 15.2

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B. Recent financial position summary:

fye June bln bln %
2016 $6.09 $2.77 54.5
2017 $6.00 $2.69 55.2
2018 $6.11 $2.80 54.2
2019 $6.48 $2.95 54.5
2020 $6.89 $3.15 54.3

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C. Recent cash flows and positions:

Cash and equiv. 
at year end
fye June mln mln mln
2016 $280 $265 $46
2017 $372 $388 $30
2018 $376 $401 $5
2019 $424 $335 $94
2020 $356 $371 $79

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Description of trading activities 

"Mercury NZ Limited is a New Zealand electricity generation and electricity retailing company. All of the company's electricity generation is renewable. It owns and operates nine hydroelectric generating stations on the Waikato River and five geothermal plants in the Taupo area"

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CEO profile

Vince Hawksworth is the CEO of Mercury NZ Limited and was appointed in March of 2020. He previously held roles as CEO for Trust Power, and Hydro Tasmania for 13 years prior. He has an Executive MBA Master's degree from the University of Waikato and is a fellow of the institution of Engineers Australia.

Chairman profile

Prue Flacks was appointed a directory of Mercury in May 2010 and became chair of the board in September of 2019. Previously, she was a commercial lawyer and partner at Russell McVeagh for 20 years. She is currently a director of BNZ and a chair of Queenstown Airport Corporation. She is a chartered member of the Institute of Directors. 


Company website:
Investor information:
NZX listing:
Annual reports:

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