Infratil Full Year Results for the year ended 31 March 2025
| Stock | Infratil Ltd (IFT.ASX) |
|---|---|
| Release Time | 28 May 2025, 7:30 a.m. |
| Price Sensitive | Yes |
Infratil reports strong FY2025 results
- Proportionate operational EBITDAF of $986 million, towards the upper end of guidance
- CDC Data Centres, One NZ, Wellington Airport and RetireAustralia drive growth
- Significant strategic milestones achieved, including Manawa Energy merger and CDC stake acquisition
Infratil Limited has announced a strong full-year proportionate operational EBITDAF of $986 million, towards the upper end of guidance of $960-$1,000 million. The result reflects strong operating earnings growth over the year, driven by growing contributions from CDC Data Centres, One NZ, Wellington Airport and RetireAustralia. The year-on-year uplift also captures the benefit of a full 12-month contribution from One NZ, following Infratil's acquisition of the remaining 49.95% stake in June 2024. Infratil CEO Jason Boyes said the overall operating results were pleasing, particularly given the various challenges faced during the year. Three significant strategic milestones were achieved, including the merger of Manawa Energy into Contact Energy, the acquisition of a 1.58% stake in CDC Data Centres, and Infratil's addition to the MSCI Global Standard Index and the Australian ASX300 index. Looking ahead, Infratil is well-positioned for strong multi-year growth, with CDC Data Centres and One NZ expected to drive further operational upside. The company's renewable energy businesses, including Longroad Energy, Gurīn Energy, and Galileo, also made significant progress during the year.
FY2025 Proportionate Operational EBITDAF guidance has been set at $1,000-$1,050 million, reflecting the scaling of the operating assets at key portfolio companies. Proportionate Development EBITDAF guidance range for the renewable development companies is for a loss of $85-$105 million. FY2026 Proportionate Capital Expenditure guidance is set at $2.2-$2.6 billion.
Infratil remains focused on generating sustainable growth with a long-term perspective on its assets. The company is well-positioned to navigate the evolving policy and market environment, with its diversified portfolio of infrastructure investments.