Vector reports fiscal 2026 profit growth as Vector stock sits 10.94 percent below its high

Published on 10/01/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 adjusted EBITDA guidance is NZD 540.00-560.00 million. Vector stock carries a NZD 0.26 dividend for fiscal 2026.

VCT, NZVCTE0001S7, Illustration mit AI erstellt.

Vector Limited stock (ISIN NZVCTE0001S7) was 10.94 percent below its 52-week high as of September 25, 2026, while the company reported a sharp fiscal 2026 profit increase. As Yahoo Finance reported in its transcript dated August 18, 2026, net profit after tax rose 55.00 percent to NZD 240.00 million.

Profit growth meets higher investment

Revenue from continuing operations increased 12.00 percent to more than NZD 1.0 billion in fiscal 2026, according to the same August 18, 2026 earnings transcript. Adjusted EBITDA climbed 20.00 percent to NZD 482.00 million, showing that the revenue reset flowed through to operating earnings.

Capital spending also moved higher. Gross capital expenditure increased 16.00 percent to NZD 544.00 million in fiscal 2026, while electricity capital expenditure reached NZD 512.00 million, the highest annual level reported in the transcript.

Fiscal 2027 guidance raises the bar

Management set adjusted EBITDA guidance of NZD 540.00-560.00 million for fiscal 2027, compared with NZD 482.00 million in fiscal 2026. The range implies a minimum increase of 12.03 percent and a maximum increase of 16.18 percent against the prior year's adjusted EBITDA.

Gross capital expenditure guidance is NZD 605.00-635.00 million for fiscal 2027, above the NZD 544.00 million invested in fiscal 2026. That comparison matters because the company is balancing network reliability and electrification investment against shareholder distributions.

Market value and dividend profile

Vector's board determined a final dividend of NZD 0.135 per share, bringing the fiscal 2026 full-year dividend to NZD 0.26 per share, as reported in the August 18, 2026 transcript. The payment date stated in that source was September 21, 2026.

Vector operates electricity and gas distribution networks, telecommunications and new energy businesses in New Zealand. The investor-relations calendar identifies August as the usual month for the full-year result and February as the usual month for the half-year report, giving the earnings cycle a clear seasonal structure.

Market capitalization remains measurable

Market capitalization was NZD 4.7 billion as of October 1, 2026. The 52-week range was NZD 4.40 to NZD 5.30, placing the stock below its yearly peak while the company prepares for a larger fiscal 2027 capital program.