AIA - FY26 Interim Results

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Stock Auckland International Airport Ltd (AIA.ASX)
Release Time 19 Feb 2026, 7:30 a.m.
Price Sensitive Yes
 AIA - FY26 Interim Results
Key Points
  • Total passenger numbers up 2% to 9.64 million
  • Revenue up 4% to $519.6 million
  • Operating EBITDAFI up 6% to $371.3 million
  • Net underlying profit after tax up 6% to $157.1 million
Full Summary

Auckland International Airport Ltd announced its financial results for the six months to 31 December 2025. Total passenger numbers increased 2% to 9.64 million, with domestic passenger numbers up 2% to 4.37 million and international passenger numbers (including transits) up 2% to 5.27 million. Revenue was up 4% to $519.6 million, with operating EBITDAFI increasing 6% to $371.3 million. Net underlying profit after tax grew 6% to $157.1 million, while reported profit after tax including revaluations was down 5% to $177.0 million. The company made significant progress on its investment programme, delivering key aeronautical infrastructure projects and advancing the new domestic jet terminal. Auckland Airport also launched new international routes and services, strengthening New Zealand's connectivity to global markets. Operational performance improvements, including faster passenger processing times, were also delivered. Looking ahead, the company is narrowing its FY26 underlying profit guidance to between $295 million and $320 million, and its capital expenditure guidance to between $1,000 million and $1,200 million.

Guidance

Underlying profit after tax (excluding any fair value changes and other one-off items) is expected to be between $295 million and $320 million for the 2026 financial year. Capital expenditure is expected to be between $1,000 million and $1,200 million for the 2026 financial year.

Outlook

Aeronautical and commercial activity is expected to continue its positive trajectory for the remainder of the 2026 financial year, reflecting growing confidence in the passenger forecast.