AURIZON HOLDINGS (AZJ) net profit up 17%, dividend up 26%

Bell Potter

Stockbroker

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)


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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.

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