Infratil posts record results, boosted by Tilt sale

Infratil posts record results, boosted by Tilt sale
Chief executive Jason Boyes said the year was notable for the $1.4b of investments made. (Image: Supplied)
Jenny Ruth
Infratil reported a $1.23 billion annual net profit and said the result was the largest since the firm was established in 1994, reflecting the more than $1b profit from last year's sale of its stake in Tilt Renewables.Proportionate earnings before interest, tax, depreciation, amortisation and financial instruments (Ebitdaf) were $513.9 million before changes in the accounting treatment of software-as-a-service (SaaS) expenses and said that was the mid-point of its guidance.Infratil downgraded its guidance twice through the year but would ha...

More Infrastructure

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025