Half Year 2025 Channel Infrastructure NZ Ltd Earnings Call Transcript
Thank you for standing by and welcome to the Channel Infrastructure NZ Limited, Half Year results call. (Operator Instructions) I would now like to hand the conference over to Mr. Rob Buchanan, Chief Executive Officer. Please go ahead.
Good morning everyone and thank you for joining us as we run through our financial and operating results for the six months ended June 2025. I'm joined here today by our Chief Financial Officer, Alexa Preston, and today we will speak to the presentation we disclosed on the NZX this morning.
In our usual format, I'll cover off our company highlights and the operational update before Alexa covers the financials in more detail. I'll then take you through our strategic highlights before we have some time for questions at the end.
Let's start with our financial highlights on page 3. EBITDA grew almost $50 million reflecting the additional contracted revenue from the transit contract, PPI escalation, and continued cost discipline. These more than
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