Napier Port reports strong performance amid strategic transformations
Napier Port Holdings announced a strong 2025 fiscal year, with total revenue increasing by 11.6% to NZD$157.7 million and net profit after tax rising 24.4% to NZD$30.9 million. This performance was driven by a 9.1% increase in TEU container volumes to 250,000 TEU, a rebound in apple exports, and Pan Pac’s pulp and timber operations returning to full capacity. The port's total dividend for the year reached 14.5 cents per share, including a special dividend.
The company is midway through a NZD$120 million capital investment program extending to 2027, focusing on infrastructure, equipment, and digital systems to enhance capability and sustainability. Key strategic pillars include "growing our port plus+", "delivering excellence to the core", "building alliances", and "learning and leading port", all underpinned by an integrated sustainability framework. Notably, Napier Port achieved Toitū Environmental Management System (EMS) Gold accreditation and commissioned new Kalmar Eco Reachstackers to reduce emissions.
Alongside its financial results, Napier Port released its fifth climate change related disclosure report, emphasizing its commitment to transparent reporting of climate-related risks and opportunities. The port's strategic framework, which extends to 2035, guides its daily activities, projects, and initiatives, ensuring alignment with goals to deliver value to customers, shareholders, and the Hawke's Bay region.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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