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AGL Energy ( (AU:AGL) ) has provided an update.
AGL Energy reported a statutory loss of $98 million for FY25, impacted by significant items including onerous contracts and retail transformation costs. Despite a challenging year with lower wholesale electricity prices and customer margin compression, the company maintained a strong underlying EBITDA of $2,010 million. AGL’s strategic investments in battery developments and the acquisition of Tesla’s South Australia’s Virtual Power Plant highlight its commitment to growth and energy transition. The launch of AGL Community Power aims to extend the benefits of the energy transition to a broader customer base, while the company’s disciplined cost management and digitization efforts have kept operating costs stable.
The most recent analyst rating on (AU:AGL) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on AGL Energy stock, see the AU:AGL Stock Forecast page.
More about AGL Energy
AGL Energy Limited is a prominent player in the Australian energy sector, primarily focusing on electricity generation and retailing. The company is known for its strategic investments in renewable energy and battery storage solutions, aiming to transition towards a more sustainable energy future.
Average Trading Volume: 2,306,711
Technical Sentiment Signal: Buy
Current Market Cap: A$6.75B
For detailed information about AGL stock, go to TipRanks’ Stock Analysis page.
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