Half Year 2019 Mercury NZ Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Mercury Interim Results Analyst Briefing Conference Call. (Operator Instructions) I would now like to hand the conference over to Mr. Fraser Whineray, Chief Executive. Please go ahead.
(foreign language) Welcome to the Mercury first half 2019 results briefing. My name is Fraser. I'm here also with William Meek, Chief Financial Officer, and we're looking forward to taking you through these half-year results as well as having some Q&A after that managed by the call operator. What I'd like to do, given it's just a half-year, so we'll touch on the key points rather than go through each slide and just skip straight through to Slide 7 with the half year for 2019 highlights.
So we had $302 million of EBITDAF. It's -- I don't know, I'll just click through on this slide for the benefit of those on the screen. $302 million of EBITDAF. The previous year was at $304 million. That was itself a record of record hydrology. So we held $302 million, pretty much flat on 250
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