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

Aurizon Holdings

16/02/2025 23:40

** 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;))