Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Infigen Energy Limited
  6. News
  7. Summary
    IFN   AU000000IFN8

INFIGEN ENERGY LIMITED

(IFN)
SummaryChartsNewsRatingsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Infigen Energy : Australia's Infigen Energy forecasts weaker fiscal 2021

08/02/2020 | 07:24pm EDT

Aug 3 (Reuters) - Takeover target Infigen Energy Ltd said on Monday it expects its revenue and core earnings in fiscal 2021 to be materially lower than fiscal 2020, as it grapples with a substantial drop in wholesale electricity prices.

The company also said in a statement that it expects to book non-cash losses of A$15 million to A$20 million ($10.7 million to $14.3 million) on its contracted assets in fiscal 2020.

Infigen is set to report its full year results on Aug. 20.

($1 = 1.4002 Australian dollars) (Reporting by Shriya Ramakrishnan in Bengaluru; Editing by Jacqueline Wong)


© Reuters 2020
All news about INFIGEN ENERGY LIMITED
02/05Lazard restructures in Australia amid M&A sector shake-up
RE
02/04Lazard restructures in Australia amid M&A sector shake-up, hands advisory bus..
RE
2020AC Energy Unit Sells Infigen Energy Stake After Takeover Battle With Iberdrol..
DJ
2020Australia's Infigen forecasts "materially lower" earnings
RE
2020INFIGEN ENERGY  : Australia's Infigen Energy forecasts weaker fiscal 2021
RE
2020Iberdrola offer for Australia's Infigen worth $635 mln now after condition me..
RE
2020Iberdrola sees continued profit growth, extols EU recovery deal
RE
2020IBERDROLA  : Raises Offer Price in Takeover Bid for Infigen Energy
DJ
2020Ayala says won't improve bid for Australia's Infigen Energy
RE
2020IBERDROLA  : Waives Conditions to Acquire 100% of Infigen Energy
DJ
More news
Chart INFIGEN ENERGY LIMITED
Duration : Period :
Infigen Energy Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
NameTitle
Ross Kenneth Rolfe Chief Executive Officer, Executive Director & MD
Leonard Francis Gill Independent Non-Executive Chairman
Tony Clark Executive General Manager-Operations & Projects
Emma Rachel Stein Independent Non-Executive Director
David Jose Mesonero Molina Director