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: 16/11/2022

Directors and Executives

Kirsten Clayton
Company Secretary
Victoria Crone
Independent Non-Executive Director
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
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
David Gibson to join Contact Board Thu, Feb 08 2024 08:30 am ADMIN
Webcast details - Contact Energy HY24 Results Presentation Mon, Feb 05 2024 11:52 am GENERAL
December 2023 Operating Report Wed, Jan 24 2024 08:30 am MKTUPDTE
Capital Change Notice - issue of unquoted PSRs and DSRs Tue, Dec 19 2023 04:42 pm SECISSUE
November 2023 Operating Report Thu, Dec 14 2023 08:30 am MKTUPDTE
Contact tops NZ companies in leading sustainability index Tue, Dec 12 2023 08:58 am GENERAL
Capital Change Notice - Equity Scheme Tue, Dec 12 2023 08:30 am SECISSUE
Interim Results Announcement Date Thu, Nov 23 2023 08:43 am GENERAL

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
11/11/22 Michael Joseph Fuge 10,431 - - -
11/11/22 Dorian Devers 6,600 - - -
18/10/22 Rob McDonald 34,602 - - -
18/10/22 Jonathan Keith Macdonal 24,509 - - -
04/10/22 Sandra Dodds 15,569 - - -
04/10/22 Elena Josephine Trout 22,509 - - -
04/10/22 Victoria Helen Crone 22,389 - - -
04/10/22 David Smol 21,637 - - -
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 172.0 29.3 38.9 2,552.1 294.6 509.3
high 185.1 36.5 42.8 2,552.1 294.6 532.9
low 158.8 22.2 35.0 2,552.1 294.6 485.7
sample 2 0 2 2 1 1 2

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: 19/10/2022


Markets News

Pushpay investors ponder takeover as NZX50 marches on
Markets The close

Pushpay investors ponder takeover as NZX50 marches on

Yield stocks such as Chorus and property investors led the market higher. 

Matt Martel 13 Nov 2022
Markets

Paul McBeth: Building a property portfolio with Winton

Here's a way the Sharesies generation can get their fill of property.

Paul McBeth 03 Dec 2021
Building a property portfolio with Winton
Markets

Morningstar picks Spark as omicron refuge

Spark’s share price spiked more than 5% early this week as investors reacted to news of the variant, but it had been trending down, sliding more than 10% in the past three months.

Dan Brunskill 02 Dec 2021
Morningstar picks Spark as omicron refuge
Retail Free

It's happening – Ikea coming to Sylvia Park

Ikea is finally landing in New Zealand. Really.

Staff reporters 02 Dec 2021
It's happening – Ikea coming to Sylvia Park
Property

Winton delivers early Christmas present to NZX in $350m IPO

Macquarie will take a big piece of the action in Winton's Christmas initial public offering. 

Paul McBeth 01 Dec 2021
Winton delivers early Christmas present to NZX in $350m IPO