Aurizon Holdings Ltd. (AU:AZJ) has released an update.
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Aurizon Holdings Ltd. has reported a robust financial performance with a 14% increase in EBITDA to $1.62 billion, leading to higher shareholder returns including an 80% dividend payout and a $150 million share buyback. The company is also focused on strategic growth in its Bulk and Containerised Freight businesses, aiming for substantial expansion by 2030 despite current volumes not meeting expectations. The recent acquisition of the Tarcoola to Darwin railway is highlighted as a key part of their growth strategy.
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