AZJ 0.57% $3.48 aurizon holdings limited

from my finance advisorAZJ -8.84%:Fell on a weak FY24 result,...

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    from my finance advisor

    AZJ -8.84%:Fell on a weak FY24 result, particularly in terms of the two that count – profitand dividend.

    • NPAT +11% to $406m but a 10% miss to consensus of $452m)
    • FY24 full year DPS 17cpsm and 11% miss to consensus of 19cps (7.3cps final dividend 60% franked)
    • FY25 Guidance was soft, expecting EBITDA of $1,660-1,740m , 3% below consensus
    • They did announce a buy back, up to $150m

    This isresilient business, but it’s a struggle at the moment and it lacks a catalystin the near term.


 
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