Infratil boosts earnings, refines portfolio, declares dividend

Infratil Limited reported a proportionate operational EBITDAF increase of 7% to NZD 514 million for the six months ended September 30, 2025, driven by strong performances from Longroad Energy and CDC. The total asset value of Infratil’s investments grew by NZD 735 million to over NZD 19 billion, resulting in a net parent surplus of NZD 606 million, a significant recovery from a NZD 247 million loss in the prior comparable period. Proportionate capital expenditure decreased by NZD 52 million to NZD 1,139 million.

Concurrently, Infratil announced the divestment of Fortysouth for over NZD 200 million and an Auckland property asset for NZD 55 million, aligning with its strategy to refine the portfolio for future growth. Following these divestments, Infratil has updated its proportionate operational EBITDAF guidance for FY26 to a range of NZD 960 million to NZD 1,000 million. The company confirmed an interim dividend of NZD 0.0725 per security, with a supplementary dividend of NZD 0.00794118.

The dividend has an ex-date of November 26, 2025, a record date of November 27, 2025, and a payment date of December 16, 2025. A Dividend Reinvestment Plan (DRP) is available, offering a 2% discount, with an election deadline of November 28, 2025, at 3:00 PM. The DRP price will be calculated based on the volume-weighted average sale price of IFT shares on the NZX Main Board from December 1 to December 12, 2025.