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ERM Power Ltd (EPW.AX)

EPW.AX on Australia Stock Exchange

1.12AUD
29 Mar 2017
Change (% chg)

$-0.04 (-3.46%)
Prev Close
$1.15
Open
$1.15
Day's High
$1.15
Day's Low
$1.11
Volume
248,196
Avg. Vol
411,903
52-wk High
$1.56
52-wk Low
$0.75

Latest Key Developments (Source: Significant Developments)

ERM Power says would meet its obligations under LGC scheme
Monday, 23 Jan 2017 05:58pm EST 

Erm Power Ltd : Would meet its obligations under LGC scheme through combination of surrendering certificates & paying clean energy regulator (cer) $123 million for 2016 . "This does not change co's previously stated outlook for fy2017 and as previously noted, earnings will be weighted to second half" . Impact is an incremental tax charge of $37 million which is recognised at 31 december 2016 . Outlook for australian retail ebitda 1 in fy2018 is consistent with market consensus .Outlook for Australian retail ebitda 1 in fy2018 does not include any assumptions for further payment of lgc shortfall charges.  Full Article

Erm Power says FY 2016 guidance affirmed
Sunday, 19 Jun 2016 06:51pm EDT 

ERM Power Ltd : FY 2016 guidance affirmed and FY 2017 outlook . Says the final dividend for FY 2016 is expected to remain at current levels . Business remains on track to meet forecast sales load of 20twh to 21.5twh (Australia and US) and sme customer sites in Australia of 37,500 to 41,000 .  Full Article

ERM Power says co acquires lighting efficiency co Lumaled
Monday, 7 Mar 2016 05:04pm EST 

ERM Power Ltd:Erm Power acquires lighting efficiency company lumaled.Deal will be earnings accretive from FY 2017, its first full year of operations within ERM Power.The acquisition cost of $3.5M, plus a payment of up to $1.5M which is contingent on first-year earnings, is funded out of cash.  Full Article

ERM Power acquires energy data analytics company Greensense
Tuesday, 15 Dec 2015 05:44pm EST 

ERM Power:Erm Power acquires energy data analytics company Greensense.Says "it will be earnings accretive from FY 2017".Says acquisition is expected to complete in January 2016.Says acquisition cost is $5.25 mln and will be funded out of cash.  Full Article

ERM Power Limited to pay dividend
Monday, 24 Aug 2015 11:37pm EDT 

ERM Power Limited:Says ordinary fully paid dividend of A$0.06000000 per share.Payment date is on Oct 7.Record date is on Sept 11.  Full Article

ERM Power Limited announces issues of shares
Wednesday, 8 Jul 2015 01:13am EDT 

ERM Power Limited:Issues 816,809 fully paid ordinary shares.  Full Article

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