The company also reported record electricity sales of 10,484 million kWh for the fiscal year, and cited the completion of the A$15 million Southern Operations Centre at Cambridge as a highlight of 2007.
Peter Davis, CEO of Aurora Energy, said: With the recent pricing determination setting the scene for more than A$500 million in capital investment over the next five years, it was critical for us to position the business soundly at the commencement of that process.
We have clearly defined strategies for our place in the market, Mr Davis said. While there are challenging times ahead, these results demonstrate that our preparation has paid off and we are well positioned to compete nationally.
