Infratil sees flat earnings in 2018, still hungry for investments

Tue, 28 Mar 2017

By Paul McBeth March 29 (BusinessDesk) - Infratil is anticipating flat earnings in the 2018 financial year but is confident it can keep boosting returns to shareholders, and is still on the prowl for new acquisitions. The Wellington-based investment firm expects underlying earnings before interest, tax, depreciation, amortisation, and fair value movements of between $470 million and $510 million in the year ending March 31, 2018, largely unchanged from 2017's forecast for earnings of $485 million to $505 million. The firm is holding its...

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