Vector Ltd - Company Profile
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Vector Ltd (Vector), is a subsidiary of Entrust NZ, is a utility network provider. The company offers power and telecommunication services. It distributes electricity and gas in Auckland; stores and processes; and sells natural gas and LPG; and deploys electricity and gas meters to homes and businesses across the country. Vector maintains and installs fiber optic cables, and offers cloud-based and Internet services. It owns fiber cable network in Auckland, Christchurch, Wellington, Tauranga, Hamilton, Napier/Hasting, and New Plymouth. It also offers home and commercial ventilation and solar services. The company serves gas-fueled power stations, and industrial, commercial, and domestic customers across the country. Vector is headquartered in Auckland, New Zealand.
Headquarters
New Zealand
Address
101 Carlton Gore Road, Newmarket, Auckland, 1023
Website
vector.co.nz
Telephone
64 9 9787788
No of Employees
537
Industry
Power
Ticker Symbol & Exchange
VCT (NZE)
Revenue (2023)
$756.1M
8.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
978.9%
(2023 vs 2022)
Market Cap*
$2.2B
Net Profit Margin (2023)
XYZ
898.5%
(2023 vs 2022)
* As of and is in US$
Vector Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electricity | Electricity Distribution | OnGas |
| Natural Gas | Data Communication Services | |
| Liquefied Petroleum Gas (LPG) | Electricity and Gas Metering Installations | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Asset Disposal | In February, the company sold eight public EV-charging sites in Auckland to ChargeNet |
| 2023 | Divestiture | In June, the company sale of 50% interest in Vector Metering to QIC. |
| 2021 | Others | In September, the company collaborated X for virtualising New Zealand’s largest electricity network in Auckland. |
Competitor Comparison
| Key Parameters | Vector Ltd | Meridian Energy Ltd | Mercury NZ Ltd | Genesis Energy Ltd | Contact Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | New Zealand | New Zealand | New Zealand | New Zealand | New Zealand |
| City | Auckland | Wellington | Tauranga | Auckland | Wellington |
| State/Province | - | - | Auckland | Auckland | - |
| No. of Employees | 537 | 878 | 1,512 | 1,268 | 1,179 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jonathan Mason | Chairman | Executive Board | 2013 | - |
| Simon Mackenzie | Chief Executive Officer | Senior Management | 2008 | - |
| Jason Hollingworth | Chief Financial Officer | Senior Management | 2019 | - |
| John Rodger | Secretary; Chief Legal and Assurance Officer | Senior Management | - | - |
| Sarah Williams | Chief People and Communications Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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