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Vector Limited (VETTF)
OTHER OTC:VETTF
Earnings Data
Report Date
Aug 31, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial performance: group revenue grew 14% and adjusted EBITDA rose 19% to $240m, guidance was maintained with tightened ranges, and management reiterated large capital investment plans for 2026. Strengths include Electricity segment earnings uplift, improved Bluecurrent distributions, stable gearing and regulatory compliance on reliability. Offsetting this were a modest decline in net profit (-4%) driven by lower capital contributions and one-off items (a $9.3m loss on sale), higher operating costs (maintenance and expensed digital projects), flat Gas EBITDA amid a 4.5% volume decline, regulatory uncertainty for gas pricing, and execution/competitive risks in meter rollout and fiber strategic outcomes. Overall, the positive momentum in top-line and EBITDA growth, maintained guidance and clear capex commitment outweigh the transitory and sector-specific headwinds.Company Guidance
Group Revenue Growth
Vector Group revenue increased 14% year-on-year for the half, driven principally by higher electricity revenue as the new regulatory period (DPP4) came into effect.
Adjusted EBITDA Expansion
Adjusted EBITDA rose to $240 million, up 19% versus the prior period, reflecting stronger Electricity segment performance and higher pass-through recovery of transmission charges.
Electricity Segment Lift
Electricity adjusted EBITDA increased by approximately $48 million year-on-year (reflecting DPP4 benefits versus DPP3). Total electricity connection numbers grew ~1.3%.
Bluecurrent Performing and Distributions Increasing
Bluecurrent performed in line with expectations: year-on-year revenue and EBITDA increased. Vector received $26.6 million of distributions for its 50% share (up from $23.4 million prior period). Metering refinancing reduced interest expense (roughly ~30 basis points), improving underlying cash flow.
Guidance Maintained and CapEx Commitment
Full-year guidance reaffirmed: adjusted EBITDA guidance range $470m–$490m. Gross capital expenditure guidance increased and tightened to $500m–$540m, underscoring commitment to ~NZ$0.5bn investment in Auckland energy infrastructure.
Stable Balance Sheet Metrics
Group debt levels remained broadly flat with gearing at 37%, indicating stable leverage through the period.
Reliability Within Regulatory Limits
SAIDI (system average interruption duration index) metrics are currently within the Commerce Commission's regulatory limit for the regulatory year, indicating acceptable network reliability performance to date.
Interim Dividend Declared
The Board declared an interim dividend of $0.125 per share (no imputation), providing a shareholder cash return in the period.
VETTF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VETTF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $2.73 | $2.73 | 0.00% |
Feb 25, 2025 | $2.19 | $2.16 | -1.28% |
Aug 26, 2024 | $2.13 | $2.18 | +1.92% |
Feb 26, 2024 | $2.14 | $2.11 | -1.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vector Limited (VETTF) report earnings?
Vector Limited (VETTF) is schdueled to report earning on Aug 31, 2026, TBA (Confirmed).
What is Vector Limited (VETTF) earnings time?
Vector Limited (VETTF) earnings time is at Aug 31, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VETTF EPS forecast?
Currently, no data Available