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BUZZ-Australia's Aurizon slumps to over 13-year low on weak outlook, profit miss

Reuters
Feb 17, 2025
BUZZ-Australia's Aurizon slumps to over 13-year low on weak outlook, profit miss

** Shares of Australian rail freight operator Aurizon Holdings AZJ.AX fall 4.4% to A$3.05, their lowest levels since October 6, 2011

** Co says it expects FY25 group underlying EBITDA at the lower end of its range of between A$1.66 billion ($1.05 billion) and A$1.74 billion, mid-point of which is below Visible Alpha consensus of A$1.68 billion

** Posts 1H25 underlying NPAT of A$205 million, below Visible Alpha consensus of A$215.2 million

** Co declares interim dividend of 9.2 Australian cents per share

** Extends on-market buy-back by A$50 million

** AZJ stock down 1.8% this year, including the day's move

($1 = 1.5748 Australian dollars)

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))

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