Infratil Limited today announced a record net parent surplus of $1.17 billion for the year ended 31 March 2022 - the largest annual profit since Infratil’s establishment.
The annual result was driven by strong earnings growth from Vodafone and an increased earnings contribution from Infratil’s new healthcare platform, as well as significant investment activity across the portfolio.
This included the sale of Tilt Renewables for over $1 billion, the acquisition of 40% of London based data centre business Kao Data, and investments in renewable energy, digital infrastructure and healthcare, with new investments in the United Kingdom and Asia.
Infratil will continue to apply a disciplined approach to allocating capital when assessing potential investments to maintain its record of delivering strong returns to shareholders in line with its ten-year total shareholder return target of 11-15%.
There is a significant pipeline of opportunities, both across existing platforms and new geographies.
See more
