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CEO hails progress as AGL ups guidance again

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AGL Energy chief executive Damien Nicks says he is pleased with the progress the company is making against the challenges of the energy transition as AGL upgraded its full-year earnings guidance for the second time in three months.

The energy giant, in which software billionaire and clean energy advocate Mike Cannon-Brookes is the largest shareholder, bumped the lower bound of its guidance for financial year 2024 up by $80 million.

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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com
Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com

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    Original URL: https://www.afr.com/policy/energy-and-climate/agl-energy-upgrades-earnings-guidance-again-20240507-p5fpgz