ASX Release 21 October 2026 M3 Melbourne Power Delay and Revised FY27 Guidance NEXTDC Limited (ASX: NXT) (“NEXTDC” or the “Company”) revises its net revenue, earnings and capital expenditure guidance for the financial year ending 30 June 2027 (“FY27”), together with an update on its...
M3 Melbourne Power Delay & Revised FY27 Guidance
Filed with ASX · · 6 pages · English
Summary by 6ix AI
The delays are attributed to Jemena Electricity Networks suspending parts of their works due to community opposition, which has pushed expected grid supply increases to the following financial year. As a result, the company has lowered its net revenue and underlying EBITDA guidance significantly for the upcoming financial year, excluding affected contracts. NEXTDC also reported substantial liquidity and compliance with financial covenants, while planning to focus capital expenditure on contracted customer capacity.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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Earlier from Nextdc
- NEXTDC Limited - trading halt of ordinary shares on the Australian Securities Exchange
- NEXTDC Limited [ASX: NXT] announces its Annual General Meeting in Sydney, Australia, 20 November 2026
- Trading Halt
- Successful pricing of A$1.1 billion Convertible Notes
- A$1.1 billion Convertible Notes Offering
Later from Nextdc
- NEXTDC Limited: M3 Melbourne Power Delay and Revised FY27 Guidance
- Board Renewal and AGM Voting Items
- Financial Covenants - Compliance and Headroom
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