Auckland Airport profit drops 0.5% to $309m despite 3% revenue rise
Auckland Airport reported a slight profit decline while revenue grew and passenger numbers topped 19 million.
Auckland Airport's full-year profit fell 0.5% to $309 million in the year to June, despite revenue increasing 3% to $1.036 billion. Passenger numbers grew 1.6% to over 19 million, showing resilient demand despite airline capacity cuts and global disruption. Operating earnings before depreciation rose 3% to $724 million. The airport is undertaking major capital spending and executives have raised concerns about regulatory uncertainty affecting investor confidence.
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NZ Herald
Auckland Airport profit falls 0.5% to $309m as revenue rises 3%
Airport says passenger demand resilient despite airline capacity cuts, global disruption.
BusinessDesk
Auckland Airport full-year revenue slightly higher
Auckland Airport said revenue lifted 3% to $1.036 billion, and operating ebitdafi increased by 3% to $724m in the 12 months to June.. However, net underlying profit after tax was down 0.5% to $309m, and reported profit after tax, includingâŠ
1News
Auckland Airport posts $309 million profit
It was a slight drop from the previous financial year, as the number of passengers passing through the travel hub jumped to over 19 million.
BusinessDesk
Auckland Airport reports profit drop and $1b in capital spending
Auckland International Airport has recorded a profit drop after a year of modest passenger number growth and major capital spending. The listed airport company published its results for the year to June on Thursday, showing overall passenger numbers had increasedâŠ
BusinessDesk
Auckland airport chief says regulatory âflip-floppingâ is concerning investors
Auckland International Airport chief executive Carrie Hurihanganui says âflip-floppingâ on the economic regulation of airports is concerning investors. The airport published its results for the year to June on Thursday , reporting a drop in profit and a 3% increaseâŠ