AURIZON HOLDINGS (AZJ) net profit up 17%, dividend up 26%
AURIZON HOLDINGS (AZJ) net profit up 17%, dividend up 26%. Based on the current market conditions, Aurizon's coal haulage outlook for FY15 remains unchanged from the guidance range of 210mt - 220mt. Iron ore tonnages are expected to be around 23mt for FY15. However FY15 earnings could be impacted by Industrial action/ Weather related impact/failure to reach satisfactory outcome on UT4 in FY2015. Today's share price reaction: Up 1.0% to $5.05 (10.01 am)Recommendation: Buy rating likely to be retained. Read more (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Stockbroker
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Expertise
Stockbroker
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Buy Hold Sell: 2 standout ASX names for FY26
Livewire Markets
Commodities
Central banks are doubling down on gold - should you?
Livewire Markets