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AGL energy has swung to an annual loss amid lower wholesale power prices and narrower margins amid intensifying competition. Underlying net profit after tax fell 21% to $640 million, which was in line with guidance, and shareholders, will receive a final fully franked dividend of $0.25 per share, taking total dividends for the year to $0.48 AGL, guiding full year 26 underlying earnings between 1.9 to $2.2 billion, which would be a rise of 3% on FY25. For the devil in the detail here’s AGL CFO Gary Brown.
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