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financial results for the year to 30 June 2020

Vector Group (NZX: VCT) is pleased to announce a steady earnings performance for the 12 months to 30 June 2020, with adjusted earnings before interest, tax, depreciation and amortisation (Adjusted EBITDA) [1] of $490.0 million, $4.2 million ahead of FY19.

Full year results 2020 date & investor webcast details

Vector Limited will announce its financial results for the year ended 30 June 2020 on Thursday, 27 August 2020.

Operational Performance for the year ended 30 June 2020

Date of Annual Meeting, Director Nominations closing date (under LR 2.3)

Vector Limited advises that its annual meeting will be held on Friday, 25 September 2020, commencing at 2.00pm.

New Chair-elect announced

The Board of Vector Limited has resolved that Jonathan Mason will be its new Chair when Dame Alison Paterson retires at the 2020 Annual Shareholder Meeting.

Operational Performance for the 9 months ended 31 March 2020

In the third quarter of FY20 Auckland’s growth continued to rise, in turn driving strong network connection numbers across Vector’s electricity and gas networks. In the nine months to 31 March, total ICP connection numbers grew by 1.6% compared with the same period last year. 

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