Mercury FY26 EBITDAF rises 36% to $1.07 billion; NPAT climbs to $321 million

• Mercury posted FY26 net profit after tax of $321 million, up from $320 million a year earlier.
• EBITDAF climbed 36% to $1.07 billion, supported by higher hydro output, new renewables, cost discipline.
• Ordinary dividend rose to 27.0 cps, including a fully imputed final dividend of 17.0 cps.
• Reinvested 66% of EBITDAF, or $710 million, into renewable assets; operating cashflow totaled $762 million.
• Guided FY27 EBITDAF of $1.08 billion, targeting a 29.0 cps dividend; highlighted S&P adjusted debt-to-EBITDA of 2.0x.

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