26 Aug 2014

Auckland Airport profit soars to $216m

8:12 pm on 26 August 2014

Auckland International Airport lifted annual net profit more than 21 percent to nearly $216 million for the year ended June, as its underlying earnings rose and the value of its properties near doubled.

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Sales rose 6 percent to $475.8 million, while the value of the airport's properties soared 82 percent to $42 million.

Company chairperson Sir Henry van der Heyden said the airport had focused on growth travel markets and investment in retail, property and long-term infrastructure.

The airport returned $454 million of capital to shareholders during the year and had raised its final dividend by 12 percent, to 7 cents a share.