AGL Energy(AGL.AX)FY24 result: Transition plan & returns in focus
UBS·2024-08-15 03:57
ab 14 August 2024 Global Research and Evidence Lab AGL Energy FY24 result: Transition plan & returns in focus More resilient gas margins, but upside/downside risk even at this price AGL reported a solid in-line FY24 result with NPAT ($812m) 2-3% ahead of cons/UBSe and FY25 earnings guided 2% ahead of cons. Electricity portfolio margins ($55/MWh) remain strong, supported by AGL's investment in operational flexibility at Loy Yang & Bayswater power stations, allowing output to flex up/down intraday mitigating ...