Infratil shaves guidance for a second time

Tue, 15 Feb 2022

Infratil has again downgraded the top end of its earnings guidance, citing the ongoing impact on its Wellington Airport and diagnostic imaging businesses.Infratil now expects earnings before interest, tax, depreciation, amortisation and financial instruments (ebitdaf) will come in between $500 million and $520m for the year ending March 31.In November, it lowered guidance for ebitdaf to between $500m and $530m from its earlier guidance of $505m to $550m."Covid-19 continues to impact the earnings of Wellington Airport and our diagnostic ima...

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