Vector Limited (NS) Ordinary Shares
VCT.NZXUtilities
About Vector Vector is an innovative New Zealand energy and digital solutions company, which runs a portfolio of businesses delivering energy, technology and communication services to more than 620,000 residential and commercial customers across New Zealand. Vector has a leading role in creating a new energy future through its Symphony strategy which puts customers at the heart of the energy system. Vector’s majority shareholder, with voting rights of 75.1%, is Entrust. For further information, visit www.vector.co.nz Vector listed on the NZSX in 2005.
Market Data
$5.040
-0.0%$5.0B
32.5x
$0.155
5.05%
+0.2%
Latest Earnings
Vector’s 2026 half year results in line with expectations
20 February 2026
Vector delivered H1 FY26 results in line with expectations, with adjusted EBITDA up 19% to $240 million driven by 14% revenue growth. However, net profit fell 4% to $113 million due to lower capital contributions. The company maintained its interim dividend at 12.5 cents per share and reaffirmed full-year adjusted EBITDA guidance of $470-490 million. Key points: Adjusted EBITDA up 19% to $240 million, driven by 14% revenue growth; Results described as strong and in line with expectations; Electricity segment performing well with revenue up 20% and adjusted EBITDA up 28%
Recent Announcements
Operational performance for the 9 months ended 31 Mar 2026
Vector reported operational performance for the 9 months ended 31 March 2026, with electricity network connections growing 1.5% to 639,473 and electricity volume distributed up 2.0% to 6,575 GWh, while gas connections declined 0.3% and gas volume fell 2.3%.
Electricity Distribution Asset Management Plan
Vector Limited has published its Asset Management Plan (AMP) for the ten-year period from 1 April 2026 to 31 March 2036 in compliance with the Electricity Distribution Information Disclosure Determination 2012.
Change of Auditor
Vector Limited has appointed PwC as its external auditor for the 2027 financial year (commencing 1 July 2026) following a tender process overseen by the Audit Committee, replacing current auditor KPMG who will complete the 2026 financial year audit. The change was made as a matter of good governance due to the current auditor's tenure.
Vector’s 2026 half year results in line with expectations
Vector delivered H1 FY26 results in line with expectations, with adjusted EBITDA up 19% to $240 million driven by 14% revenue growth. However, net profit fell 4% to $113 million due to lower capital contributions. The company maintained its interim dividend at 12.5 cents per share and reaffirmed full-year adjusted EBITDA guidance of $470-490 million. Key points: Adjusted EBITDA up 19% to $240 million, driven by 14% revenue growth; Results described as strong and in line with expectations; Electricity segment performing well with revenue up 20% and adjusted EBITDA up 28%
Interim results 2026 date and investor webcast details
Vector announced it will release its half-year financial results for the period ended 31 December 2025 on Friday 20 February 2026, with a live webcast presentation at 10:30am (NZ time) available for stakeholder registration at www.vector.co.nz/investors/reports.
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