Meridian Energy retail sales volumes up

Company News

by Jessica Ellerm


Meridian Energy (ASX:MEZ) has released its monthly operating report for October, reporting retail sales volumes are up 3.7 per cent compared to the same time last year.

Retail sales volumes for the year to date are also stronger, up 8.6 per cent on the prior corresponding period.

The numbers have been primarily attributed to a strong pick up in corporate sales volumes, with a slight uplift in residential and SMB figures.

National electricity demand for October was also stronger, up 1.2 per cent on last year.

Shares in Meridian Energy (ASX:MEZ) last traded 0.77 per cent lower at $2.57.

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