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.
The following information was extracted from Vector Limited's full year results, released 25 August 2025
-Revenue from continuing operations, excluding contributions, is up 9% to $893.5 million.
-Group adjusted EBITDA(1) for continuing operations $401.1 million, up 16%.
-Final dividend 13 cents per share(2).
-Group capital expenditure for continuing operations $470.1 million, down 6%.
-55% carbon emissions reduction achieved against a goal of 53.5%. This was set in 2020, to reach by FY2030(3).
Vector Group (NZX: VCT) today announced solid financial results, and continued investment into the reliability and resilience of the electricity network.
Vector Group Chief Executive Simon Mackenzie said, “The year’s financial result sees adjusted earnings for the group before interest, tax, depreciation and amortisation (adjusted EBITDA(1)), for continuing operations, up 16% to $401.1 million. Total capital expenditure for continuing operations was $470.1 million, down $29.1 million, reflecting a number of factors including the timing of large projects. Group net profit after tax was $154.7 million, inclusive of a $37 million impairment of our gas distribution business, following forecasts in our gas asset management plan that show total connections starting to decline from FY26, as a result of significant market uncertainty, scarcity of gas and rising costs. Following the impairment the carrying value of the gas distribution business is consistent with the estimated value of the regulated asset base”.
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