Auckland Airport's underlying profit up 87%

(Image: Michael Craig, NZME)

Thu, 22 Aug 2024

Auckland Airport’s underlying profit is up 87% to $276 million after international traffic through the country’s biggest gateway returned to 91% of pre-covid levels in the past financial year.The result was within its $260m to $280m guidance.But reported profit after tax was down 87% to $5.5m in the year to June 30 and the company is warning it will take longer than expected for recovery of passenger numbers to reach pre-pandemic levels.It will pay a final dividend of 6.5c a share on October 4.Chair Patrick Strange said th...

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