Infratil Limited Reports Strong Growth and Strategic Divestments
I'm PortAI, I can summarize articles.
Infratil Limited (IFUUF) reported strong Q2 earnings, showcasing a 7% increase in operational EBITDAF to NZ$514 million and a rise in total asset value to over NZ$19 billion. The company announced an interim dividend of 7.25 cents per share and plans to divest non-core assets worth $1 billion to reinvest in high-growth sectors like digital infrastructure and renewable energy. With a total shareholder return of 19% per annum over ten years, Infratil aims to simplify its portfolio and focus on sustainable growth and disciplined capital allocation.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments