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Ann: Additional Commentary on Quarterly Report 4C Announcement, page-5

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  1. 1,540 Posts.
    lightbulb Created with Sketch. 230

    Great announcement, maybe they read Hotcopper and took heed of the criticisms, pity it wasn't included with the 4C to prevent the carnage.


    - 2018 calandar year customers grew by 6467 to 17,156 - better than 30%

    - By June 2019 expect 21,000 customers - strong growth

    - No longer report GWh, now report customer numbers in line with peers

    - Slow last Q due to delay in loan - no funds to expand, 739 customers deferred

    - Funding now in place, presume deferred customers will become current customers

    - 50 communities agree to take up solar offer

    - Looks like stalled growth is now back to previous growth levels

    - Again no revision to sales guidance FY19, so still expect $32m so about $19m over next 2 Qs.

    Last edited by Red Baron: 11/02/19
 
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