yes not a good year for Infratils European airports Infratil Airports Europe ``experienced a difficult year'' with a $10 million loss
annual result out this morning
Infratil has posted a tax paid profit of $29 million for the year to March, turning around a $191m loss the previous year. http://www.nzx.com/home/3709142/Infratil-earnings-rise
An unchanged final dividend of 3.75c a share will be paid on June 25
Infratil - A better balanced business - IFT has reported an FY10 EBITDA of NZ$363.3m, in
line with our estimates. It guided for a 10-20% increase in FY11 EBITDA, with growth
coming from Shell, better controls in the Australian asset and benefiting from a potentially
improving economy. We have reduced our target price to NZ$2.04 and keep our Buy rating.
Do you mean outrage against BP or against IFT ?
Infratil invests mainly in renewable energy according to its website.
I cant see any great link between BP and IFT apart from one of the Directors was previously Managing Director of BP New Zealand so why post here?
Wifes boycotting BP because of oil leak. Outrage is spreading against this company
Infratil have bought the downstream assets of Shell anyway. Also seems to me that Trans-Ocean and Halliburtons, and a few others have some responsibility here.
Originally Posted by mr.needs
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