New Zealand · Delayed Price · Currency is NZD South Port New Zealand Earnings Call Transcripts
Fiscal Year 2026
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Record interim results with revenue up 18% and net profit after tax up 46.8% year-over-year, driven by strong cargo volumes and operational leverage. Outlook remains positive, though geopolitical risks persist.
Fiscal Year 2025
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Record financial and operational results were achieved, with strong cargo growth, a significant channel deepening project completed, and a stable outlook supported by long-term customer agreements. Leadership transitions and strategic investments in infrastructure and sustainability were highlighted, with all resolutions passed by strong shareholder support.
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Record profit and cargo volumes were achieved, driven by agricultural sector growth and a key 20-year customer agreement. EBITDA margin rose to 41%, net debt fell, and dividends increased, with future growth expected from agriculture and energy projects.