September 23, 2017 8:29 AM ET

Electric Utilities

Company Overview of SA Power Networks

Company Overview

SA Power Networks owns and operates an electricity distribution network in South Australia. It is involved in delivering electricity from the high voltage network through poles and wires to customers’ property or business; installing, maintaining, and reading meters; providing an emergency response in the event of blackouts; and repairing street lighting. The company also provides electrical infrastructure project management, construction, and maintenance services for other businesses and government. It serves approximately 850,000 residential and business customers through a route length of approximately 88,000 kilometers comprising 400 zone substations, as well as approximately 73,000 tran...

1 Anzac Highway

Keswick, SA 5035

Australia

Founded in 1946

2,073 Employees

Key Executives for SA Power Networks

Chief Executive Officer
Age: 60
Chief Financial Officer
Deputy Managing Director and Director
Age: 58
Chief Information Officer
Company Secretary
Compensation as of Fiscal Year 2017.

SA Power Networks Key Developments

SA Power Networks Announces Audited Earnings Results for the Full Year Ended December 31, 2016

SA Power Networks announced audited earnings results for the full year ended December 31, 2016. For the period, the company reported total revenue was AUD 986,804,000 against AUD 1,060,158,000 a year ago. EBITDA was AUD 560,225,000 against AUD 676,242,000 a year ago. Net capital expenditure was AUD 285,700,000 against AUD 315,500,000 a year ago. Cash flow was AUD 119,316,000 against AUD 114,225,000 a year ago.

SA Power Networks Plans to Lay Off 77 Field Staff Via Voluntary Retirements

SA Power Networks will seek up to 77 voluntary early retirements among field staff. The reason of the layoff is falling revenue.

SA Power Networks Reports Earnings Results for the Year Ended December 31, 2015

SA power Networks reported earnings results for the year ended December 31, 2015. For the period, the company reported distribution revenue of AUD 831,531,000 against AUD 919,968,000 a year ago. Total revenue was AUD 1,140,745,000 against AUD 1,187,306,000 a year ago. EBITDA was AUD 756,829,000 against AUD 830,541,000 a year ago. Net capital expenditure was AUD 315,500,000 against AUD 361,800,000 a year ago.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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