Brief: Channel Infrastructure NZ Posts Full Year Throughput Of 3.4 Billion Litres

Channel Infrastructure NZ

29/02/2024 01:02

Feb 29 (Reuters) - Channel Infrastructure NZ Ltd
 CHI.NZ :
    * FULL YEAR THROUGHPUT OF 3.4 BILLION LITRES
    * DECLARED AN UNIMPUTED FINAL ORDINARY DIVIDEND OF 6.3 NZ
CENTS
PER SHARE
    * DECLARED FY SPECIAL DIVIDEND OF 1.5 NZ CENTS PER SHARE
    * FY EBITDA NZ$87.2M
    * EXPECTS FY24 EBITDA FROM CONTINUING OPERATIONS IN THE
RANGE OF
NZ$91 – NZ$95 MILLION
    * EXPECTED  THAT OPERATING EXPENDITURE FOR FY24 WILL
CONTINUE AT
FY23 LEVELS
    * FY24 REVENUE WILL BENEFIT FROM CONTINUED GROWTH IN JET
FUEL
VOLUMES
    * NORMALISED FREE CASH FLOW IS EXPECTED IN RANGE OF NZ$62
MILLION
TO NZ$66 MILLION FOR FY24
    * FY REVENUE FROM CONTINUING OPERATIONS NZ$130.7 MILLION

Source text for Eikon:  ID:n427061-7 
Further company coverage:  CHI.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))