Vector Interim Report 2018

PERFORMANCE HIGHLIGHTS

HALF YEAR SNAPSHOT

FINANCIAL SNAPSHOT:

79.0 MILLION $

250.0 MILLION $

5.7 %

8.25 CENTS PER SHARE

Net profit Group net profit for the six months to 31 December 2017 falls 26.2% to $79.0 million

Adjusted EBITDA Adjusted EBITDA falls 2.7% to $250.0 million

Capex Capex rises 5.7% to $182.7 million

Interim dividend Interim dividend increased 3.1%

OPERATIONAL SNAPSHOT:

mPrest internet of energy solution being implemented on our network

Now deploying smart meters for four leading Australian retailers under the Power of Choice reforms

Launched HRV Solar in Auckland, rest of New Zealand to follow www.hrvsolar.co.nz

PowerSmart projects underway in Alice Springs and the South Pacific

First major corporate to be an accredited Living Wage employer

Vector Lights launched on Auckland Harbour Bridge

Sustainable Business Network award achieved for Kupe St development

OnGas Papakura Bottle Swap plant commissioned First New Zealand major hazard facility to have a Safety Case approved

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Vector://IR 18

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