Original article by Andrew White
The Australian – Page: 17 & 21 : 10-Aug-18
AGL Energy has posted a 2017-18 net profit of $1.59bn, compared with $539m previously. The electricity generator and retailer’s underlying profit rose by 28 per cent to $1.02bn. AGL has reported revenue of $12.8bn, a modest increase from the previous fiscal year, while shareholders will receive a partially franked final dividend of $0.63 per share. CEO Andy Vesey has refuted suggestions that he may step down, stressing that he will remain at the helm while AGL implements its three-year strategy.
AGL ENERGY LIMITED – ASX AGL, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, SANTOS LIMITED – ASX STO, ALINTA ENERGY (AUSTRALIA) PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, MACQUARIE GROUP LIMITED – ASX MQG