Auckland Airport announces strong growth for 2015 financial year

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Auckland Airport in New Zealand has reported an increase in total profit after tax of 3.5% to NZ$223.5m (US$145m) for the financial year running August 1, 2014, to July 31, 2015. Revenue for the same period was up 6.9% to NZ$508.5m (US$330.2m).

Sir Henry van der Heyden, chairman for Auckland Airport, said, “The 2015 financial year was another 12 months of excellent performance across our business, which has underpinned an increase in the value of our company and outstanding returns to our shareholders.

“Total passenger movements through Auckland Airport were up 5% to 15.8 million, with international passengers up 5.7% to 8.1 million, international transit passengers up 6.7% to 0.5 million, and domestic passengers up 4.2% to 7.2 million. This growth reflects the very positive trends in the New Zealand tourism industry, which includes a shift toward high-value international visitors.

“The final dividend of NZ$0.07 (US$0.045) per share is imputed at the company tax rate of 28% and will be paid on October 16, 2015, to shareholders who are on the register at the close of business on October 2, 2015.

“Auckland Airport will continue to deliver for its investors in the 2016 financial year. We expect underlying net profit after tax (excluding any fair value changes and other one-off items) to be between NZ$183m (US$120m) and NZ$191m (US$124m).”

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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