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Marlborough Lines News

News from Marlborough Lines will be posted below...
9/12/2019

Yealands performance and asset growth help boost total dividend - Marlborough Lines Group 2019 Annual Results

Electricity lines company, Marlborough Lines Ltd, today announced a 20% increase in the total dividend paid to the Marlborough Electric Power Trust ($6.0m) and a net profit after tax of $8.4m, for the year ending 30 June 2019.


4/09/2019

Marlborough Lines Managing Director to retire

Ken Forrest has announced that he will be retiring from his position of Managing Director of Marlborough Lines with effect from 23 December later this year.


24/05/2019

Marlborough Lines grows daffodils for Marlborough Cancer Society

Some 30,000 daffodil bulbs have been planted at the Company’s Springlands substation on the corner of Murphys Road and Old Renwick Road. 



15/12/2017

2017 Annual Report and Accounts

The earthquake of 14 November 2016 had a major impact on Yealands Wine Group (YWG) with significant tank damage and wine loss. YWG was insured but the insurance payments were not finalised prior to 30 June.


24/02/2016

2015 / 2016 Discount

In March a total of $9.26m (including GST) will be paid to electricity retailers for distribution to customers connected to the economic areas of Marlborough Lines’ network.


2/07/2015

New investment in Yealands a win for Marlborough

Marlborough Lines has agreed to invest $89 million to purchase an 80% shareholding in Yealands Wine Group, the two companies announced today.


16/08/2013

Earthquake Update

4.15pm: This afternoon's earthquakes caused a number of faults to the Marlborough electricity network.


14/12/2012

Marlborough Lines Tertiary Study Awards 2012

The Marlborough Lines 2012 Tertiary Study Awards were presented today by the company's Managing Director, Ken Forrest, at a ceremonly held at the Heartland Hotel.


12/09/2012

2012 Annual Report – Solid results achieved in a harder economic climate

Marlborough Lines has paid benefits totalling a record $9.267m to its customers and shareholder, the Marlborough Electric Power Trust, for the year ended 31 March 2012.



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