This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Vector
Directory
| NZX code: | VCT |
| Short name: | Vector |
| Legal name: | Vector Limited |
| Industry sector: | Energy |
| NZX50 rank: | 11 of 50 |
| Head office address: | 101 Carlton Gore road, New Market, Auckland 1023 |
| Chairman: | Doug McKay |
| Chief executive: | Simon Mackenzie |
| Financial year ended: | June |
| Locations: | New Zealand |
| Auditor: | EY |
| Bankers: | [not disclosed] |
Vector
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Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye June | bln | mln | cents |
| 2018 | $1.3 | $150 | 15 |
| 2019 | $1.3 | $84 | 8 |
| 2020 | $1.2 | $97 | 10 |
| 2021 | $1.2 | $195 | 19 |
| 2022 | $1.3 | $161 | 16 |
| 2023 | $1.2 | $102 | 10 |
| 2024 | $1.1 | $80 | 8 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye June | bln | bln | % |
| 2018 | $5.8 | $3.4 | 42 |
| 2019 | $6.1 | $3.7 | 39 |
| 2020 | $6.4 | $4.1 | 35 |
| 2021 | $6.5 | $4.2 | 36 |
| 2022 | $6.8 | $4.4 | 36 |
| 2023 | $7.5 | $3.6 | 53 |
| 2024 | $7.1 | $3.3 | 53 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye June | mln | mln | mln |
| 2018 | $409 | $396 | $28 |
| 2019 | $427 | $427 | $28 |
| 2020 | $477 | $476 | $28 |
| 2021 | $501 | $511 | $17 |
| 2022 | $540 | $534 | $23 |
| 2023 | $517 | $1,057 | $537 |
| 2024 | $445 | $878 | $105 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend yield |
|
| fye June | cents | annual avg | dollars | annual avg % |
| 2018 | 15 | 23 | 1.1 | 4.8 |
| 2019 | 8 | 46 | 1.0 | 4.4 |
| 2020 | 10 | 38 | 1.0 | 4.6 |
| 2021 | 19 | 21 | 1.0 | 4.1 |
| 2022 | 16 | 26 | 1.2 | 4.0 |
| 2023 | 17 | 2 | 2.7 | 6.0 |
| 2024 | 8 | 43 | 2.6 | 6.1 |
Description of trading activities
Vector is leading New Zealands’ transformation in the energy sector. Aiming to create a new energy future; identifying and developing options that provide value, choice, and service for their customers throughout New Zealand - helping to deliver sustainable shareholder returns.
Chairman profile
Doug McKay is a non-executive director, appointed Chair of VCT in September 2022. McKay has over 35 years of business experience in commercial and operations. McKay has contributed a mass of work in New Zealand and Australia having been the Managing director and Chief executive for Lion Nathan, Carter Holt Harvey, Goodman Fielder, Sealord, Independent Liquor and Proctor & Gamble. McKay was the Chief executive of the Auckland Council from May 2010 to December 2013. McKay retired as the Chair for the Bank of New Zealand in May of 2024, and then as a trustee (Chair) of the Eden Park trust board in June 2023.
CEO profile
Simon Mackenzie was appointed the CEO of Vector Limited in 2008. Mackenzie has been a part of the Vector scene since 1998, and was the Chief Operating Officer until July 2008. Mackenzie has qualifications in Engineering, finance and business studies, as well as an Advanced Management Programme from the Wharton School, University of Pennsylvania.
Links:
| Company website: | https://www.vector.co.nz/ |
| Investor information: | https://www.vector.co.nz/investors |
| NZX listing: | https://www.nzx.com/companies/VCT |
| Annual reports: | https://www.vector.co.nz/news?pageFilter=Market%20Releases |