Infratil today announced a strong result for the year ended 31 March 2023, with a net parent surplus from continuing operations of $643.1 million and proportionate EBITDAF of $531.5 million – 11.9% higher than the previous year.

The result was driven by strong performances from CDC Data Centres, One New Zealand and Wellington Airport, with Infratil committing to setting a science-based target with a clearly defined path to reduce emissions in line with the Paris Agreement goals.

Looking ahead, the FY2024 Proportionate EBITDAF guidance range has been set at $570 million to $610 million, up 11.0% at the midpoint FY2023 result.

The company also announced a fully imputed final dividend of 12.50 cents per share, and a 4% increase from the prior year.

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