Infratil lifts 1H earnings, raises forecast

Mon, 12 Nov 2018

By Gavin Evans Nov. 13 (BusinessDesk) - Infratil has raised its full-year profit forecast for a second time in six weeks on the back of strong performances expected from its power, airports and data centre interests. The company, which today reported a 19 percent increase in first-half underlying operating earnings, said its March-year earnings are expected to increase to between $560 million and $620 million. That is up from the $540 million to $580 million of earnings before interest, tax, depreciation, amortisation and changes in fi...

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