FIRST CUT: Auckland Airport earnings at top end of guidance

Wed, 21 Aug 2019

By Rebecca Howard Aug. 22 (BusinessDesk) - Auckland International Airport reported a 4.4 percent lift in its underlying profit after another record year for traveller numbers. The country’s largest airport reported an underlying profit after tax of $274.7 million for the year to June 30 versus $263.1 million a year earlier. The result was at the top end of its guidance of between $265 million and $275 million. Forsyth Barr had forecast $273.6 million. Revenue lifted 8.7 percent to $743.4 million while earnings before interest, tax, de...

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