Infratil tips earnings at top of guidance range for current FY

Fri, 24 Aug 2018

By Pattrick Smellie Aug. 24 (BusinessDesk) - Infrastructure investor Infratil sees earnings in the current financial year "bouncing around the top end of guidance," chief executive Marko Bogoievski told the company's annual meeting in Wellington. At its investor day in April, the Wellington-based company gave guidance for earnings in the 2018/19 financial year of between $500 million and $540 million on an earnings before interest, tax, depreciation, amortisation, and fair value movements in financial instruments basis. A snapshot valu...

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