May 7 (Reuters) - Australian power producer AGL Energy (AGL) hiked its fiscal 2024 earnings outlook on Tuesday, citing improved plant availability and higher consumer demand over the summer period.
The country's top power producer now expects annual underlying net profit after tax between A$760 million ($503.27 million) and $810 million, above prior guidance of A$680 million and A$780 million.
($1 = 1.5101 Australian dollars) (([email protected]; Twitter: https://twitter.com/sameer_manekar))
News: AGL Australia's AGL Energy hikes annual earnings outlook on strong demand
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