Auckland International Airport (AIA) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed attendees, apologized for last-minute venue change, and outlined meeting logistics and agenda, including director introductions and order of proceedings.

• Notice of meeting and financial statements were distributed in advance; auditors present to answer questions.

Financial performance review

• FY 2025 saw total passenger numbers rise to 18.7 million, up 1% year-on-year.

• Revenue increased 12% to $1,005 million; operating EBIT/DEFI up 14% to $701 million.

• Reported profit after tax, including revaluations, reached $421 million, with a $127.5 million net revaluation gain.

• Net underlying profit rose 12% to $310 million; total dividends for FY 2025 were $223 million, a 72% payout of underlying profit.

• Capital expenditure for FY 2025 was $1,090 million, reflecting major infrastructure projects.

Dividend announcements

• Final dividend of $0.07 per share paid on October 3; total FY 2025 dividends amounted to $223 million.

• Dividend reinvestment plan participation exceeded 40%.