Infratil talks up prospects, share price falls on result

Infratil talks up prospects, share price falls on result
Infratil's latest results proved a tough sell for CEO Jason Boyes. (Image: NZME)
Pattrick Smellie
Infratil shares fell sharply following the announcement of an operating earnings result that was towards the top end of the guidance range, but which masked a turnaround in net parent surplus of more than $1 billion to report a loss for the year to March 31 of $286.3 million.On the same metric, Infratil earned a net parent surplus of $761.4m in the 2024 financial year.The latest result was largely driven by negative returns from realisations and revaluations totalling $180.3m, compared with a $942.3m uplift in the previous financial year.That w...

More Markets

Infratil lifts market after ASX 200 inclusion
Markets Market close

Infratil lifts market after ASX 200 inclusion

Spark is making a steady comeback.

Infratil to join ASX 200, shares up 4%
Infrastructure

Infratil to join ASX 200, shares up 4%

Analysts expect the liquidity boost to help Infratil's growth.

Forsyth Barr sets Tower target price at 25.8% premium
Markets

Forsyth Barr sets Tower target price at 25.8% premium

Tower has graduated out of having to pay for Forsyth Barr coverage.