{"id":177155,"date":"2025-02-18T15:23:08","date_gmt":"2025-02-18T05:23:08","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=177155"},"modified":"2025-02-18T15:23:09","modified_gmt":"2025-02-18T05:23:09","slug":"aurizon-2025-half-year-financial-results","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=177155","title":{"rendered":"Aurizon 2025\u00a0Half Year Financial Results"},"content":{"rendered":"\n
Aurizon today reported Group EBITDA of $814 million for the half year ended 31 December 2024. This is down 4% against the prior comparable period (1HFY2024 of $847 million) primarily due to:<\/p>\n\n\n\n
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Network EBITDA increased $9 million to $495 million in 1HFY2025, driven by an uplift in the Maximum Allowable Revenue, partly offset by a reduction in external construction works and higher maintenance costs<\/li>\n\n\n\n
Coal EBITDA decreased $19 million to $264 million with coal volumes up 6% and contract rate indexation more than offset by the impact of customer mix (lower yield) and higher operating costs<\/li>\n\n\n\n
Bulk EBITDA decreased $28 million to $84 million with new contract growth (including Northern Iron and Gold Valley) more than offset by lower grain railings, the cessation of a rail maintenance contract, a derailment in Western Australia in addition to an increase in doubtful debt provisions.<\/li>\n<\/ul>\n\n\n\n
The Aurizon Board has declared an interim dividend payment of 9.2 cents per share, 60% franked, which is 80% of Underlying Net Profit After Tax. The dividend will be paid on 26 March 2025 to shareholders on the register at the record date of 4 March 2025.<\/p>\n\n\n\n