Aurizon Holdings (ASX: $AZJ) FY2024 Financial Report Highlights

Aurizon Holdings Limited (ASX: $AZJ) has released its Appendix 4E for the financial year ended 30 June 2024, reporting a 14% increase in EBITDA to $1,624m. The company declared a final dividend of 7.3cps (60% franked) and announced an on-market buy-back of up to $150m. The group's outlook for FY2025 anticipates an increase in group underlying EBITDA and sustaining capital expenditure of $640m - $720m.

Executive Commentary on FY2024 Performance and Outlook

The company's performance in FY2024 has been robust, with significant growth in EBITDA across Coal, Bulk, and Network segments. We are pleased to declare a final dividend and announce an on-market buy-back, reflecting our confidence in the company's financial position and outlook. Looking ahead to FY2025, we anticipate further growth in group underlying EBITDA and have outlined key assumptions for each segment, including expectations for higher volumes and regulated revenue in the Network segment, consistent EBITDA in the Coal segment, and higher EBITDA in the Bulk segment driven by volume growth. We remain committed to our corporate strategy and are focused on delivering sustainable value for our shareholders.

Summary of Aurizon Holdings (ASX: $AZJ) FY2024 Appendix 4E

Aurizon Holdings (ASX: $AZJ) has reported a strong performance in FY2024, with a 14% increase in EBITDA driven by growth across Coal, Bulk, and Network segments. The company declared a final dividend of 7.3cps (60% franked) and announced an on-market buy-back of up to $150m. The outlook for FY2025 anticipates further growth in group underlying EBITDA and outlines sustaining and growth capital expenditure expectations. Aurizon Holdings remains focused on delivering sustainable value for its shareholders and is committed to its corporate strategy for the upcoming financial year.