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)

Thu, 19 May 2022

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...

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