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An update from Meridian Energy Limited ( (MDDNF) ) is now available.
Meridian Energy’s September 2025 operating report highlights significant increases in hydro storage and inflows, with national hydro storage reaching 110% of the historical average. The company experienced a notable rise in retail sales volumes, up 18.5% compared to the previous year, driven by higher demand across all customer segments. The report also indicates a 15.1% increase in generation during Q1 2025 compared to the previous year, despite a 56.9% decrease in average prices. The company’s customer base grew by 21.2%, and operating costs and capital expenditure were reduced by 5.5% and 6.0%, respectively, reflecting improved operational efficiency.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company operating in the energy sector. It is listed on the NZX and ASX stock exchanges under the symbols MEL and MEZ, respectively. The company focuses on renewable energy generation, primarily through hydroelectric power, and serves various market segments including residential, small to medium businesses, large businesses, agriculture, and corporate clients.
For an in-depth examination of MDDNF stock, go to TipRanks’ Overview page.