Infratil says 2018 earnings at top-end of guidance, may pay special dividends

Tue, 10 Apr 2018

By Paul McBeth April 11 (BusinessDesk) - Infratil says annual earnings were at the top end of guidance, which was bolstered by favourable rainfall for its Trustpower investor, and may pay special dividends if the investor reaps gains on development gains to boost returns. Wellington-based Infratil said earnings before interest, tax, depreciation and amortisation were at the top of its forecast $510 million-to-$525 million range in the year ended March 31, which had been upgraded on the strength of Trustpower's operations. That excludes u...

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