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‘Timing of Aussie bubble unclear’: Auckland Airport

Jenny Wiggins
Jenny WigginsInfrastructure reporter

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Key Points

  • Revenue ($m) 131.5, down 65pc from year-earlier 374.7
  • Pre-tax profit ($m) 27.7 v 202.8
  • Net profit ($m) 28.1 v 147.2
  • Interim dividend (¢) nil v 11.0

Auckland Airport has forecast there will be no two-way travel bubble with Australia until July at the earliest as the ASX-listed company reported an 81 per cent drop in interim net profit to NZ$28.1 million.

“The timing of the Aussie bubble remains unclear,” said Auckland Airport’s chief executive Adrian Littlewood. “We just don’t know.”

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/timing-of-aussie-bubble-unclear-says-auckland-airport-20210217-p573fz