ASX:AZJTransportation
Aurizon Holdings (ASX:AZJ) Shares Slide Despite Profit Growth And Bigger Payouts
Aurizon Holdings stock has been under quiet pressure, with the share price down about 14% over the past month and past quarter, yet today’s full year numbers tell a more confident story. Underlying net profit after tax rose to A$433 million and earnings per share climbed 29%, powered by a 9% lift in underlying earnings before interest, tax, depreciation and amortisation. Management backed that up with a sharply higher full year dividend and a completed A$250 million buyback. For a capital...