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An announcement from AGL Energy Limited ( (AU:AGL) ) is now available.
AGL Energy Limited reported its financial results for the first half of fiscal year 2025, with a statutory profit after tax of $97 million, despite significant costs related to onerous contract provisions and retail transformation. The company’s underlying EBITDA and net profit saw slight declines compared to the previous year. AGL’s strategic focus includes expanding its battery portfolio and improving operational efficiency, as evidenced by its increasing generation capacity and successful customer market expansion. The company is on track to meet its full-year earnings guidance, with a strong emphasis on customer support amid market competition and inflationary pressures.
More about AGL Energy Limited
AGL Energy Limited is a prominent player in the energy industry, primarily focusing on electricity generation and retailing. AGL is involved in the development and management of a diverse energy portfolio, including a growing emphasis on renewable energy and battery storage solutions.
YTD Price Performance: 4.03%
Average Trading Volume: 1,814
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.95B
Find detailed analytics on AGL stock on TipRanks’ Stock Analysis page.
