-- AGL Energy (ASX:AGL) said its fiscal 2026 guidance for underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) is now between AU$2.06 billion and AU$2.18 billion, from between AU$2.02 billion and AU$2.18 billion previously, according to a Wednesday Australian bourse filing.
The company's guidance range for underlying net profit after tax is now between AU$610 million and AU$680 million, from between AU$580 million and AU$680 million previously.
The updated guidance reflects the improved plant availability, stabilization of consumer margins, and disciplined cost management, per the filing.
Fiscal 2027 guidance is expected to reflect the contribution from the Liddell battery, ongoing cost optimization, lower wholesale prices in some locations, and potential softer local and global market conditions for the year.
The company said it is well placed for at least the next three months amid the ongoing global fuel crisis, with current diesel storage near capacity for the generation assets.
AGL Energy's shares rose nearly 1% in recent trading on Wednesday.