Napier Port upgrades full-year operating forecast, declares special dividend after $7.5m insurance settlement

The Napier Port container terminal handled 13.9% more containers in the first half of the 2025 financial year. (Image: Napier Port)

Oliver Lewis

Wed, 21 May 2025

Napier Port is paying a special dividend and upgrading its forecast operating results after a strong first half, characterised by increased container volumes.The listed port company announced its results for the six months to March 31 to the NZX on Wednesday, reporting a 10.6% increase in revenue to $78.1 million.Net profit after tax rose 40.8% to $20.2m, however this included a one-off insurance settlement of $7.5m related to damage and business interruption from Cyclone Gabrielle.The port said its result from operating activities increas...

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