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.
|Legal name:||Trustpower Limited|
|NZX50 rank:||39 of 50|
|Head office address:||108 Durham St, Tauranga, 3110|
|Chief executive:||Dr David prentice|
|Financial year ended:||March|
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Financial statement history
A. Recent trading and performance summary:
B. Recent financial position summary:
C. Recent cash flows and positions:
|Cash and equiv.
at year end
D. Recent key ratio analysis:
|fye March||cents||annual avg||dollars||annual avg %|
Description of trading activities
Trustpower is a New Zealand electricity generation and retailing company. It is the 5th largest energy provider in New Zealand. Trustpower hosts a variety of retail businesses, including electricity, gas and telecommunications products.
David Prentice was appointed CEO of Trustpower in January of 2020. He has a bachelor's degree with honours in Engineering and a PhD in Engineering. He has worked in engineering since moving to NZ in 1997 and in 2010 was appointed the CEO and managing director of Opus, which was an NZX listed global infrastructure services comapny.
Paul Ridley-Smith became Chairman of Trustpower in January 2016. He is a senior executive at Morrison & Co, the manager of Infratil. He is also currently an independent director of Arvida Group. Paul has a Bachelors of Law from Victoria University and a Masters of Business administration from Columbia University.