EPW 0.21% $2.43 erm power limited

March 30 (Reuters) - Erm Power Ltd (EPW) Also expects its...

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    March 30 (Reuters) - Erm Power Ltd (EPW)

    • Also expects its australian retail gross margin for fy2018 to improve to about $3.50/mwh, which is materially above current market consensus.
    • ERM POWER is realising improved margins with positive results from forward sales, portfolio optimisation and risk management activities.
    • Expected outlook for its australian retail gross margin for fy2017 to improve to about $3.50/mwh, from a previously advised $3.00/mwh
    • "Other components of FY2017 outlook remain broadly in line with announcement made on 23 February 2017."
 
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