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. 

Vector today published its Asset Management Plan (AMP) Update to comply with the Electricity Distribution Information Disclosure Determination 2012.

Vector confirms that a number of its businesses are considered to be essential businesses and continue to operate under COVID-19 Alert Level 4, these include:

Steady HY20 adjusted EBITDA result in line with expectations.

Vector will be announcing its half-year financial results for the six months ended 31 December 2019 on Tuesday, 25 February 2020.