Auckland International Airport Limited · NZX:AIA
Auckland International Airport — Craigs Investor Day 2017
13 slides from Auckland International Airport's conference presentation, 2017
Slide 1: Craigs Investor Day 2017
Adrian Littlewood Chief Executive Craigs Investor Day 2017
Slide 2: FY17 interim results at a glance
FY17 interim results at a glance 2017 Craigs Investor day 2017 Revenue Passenger movements 10.8% $310.9m 12.4% 9.4m Operating EBITDAFI Aircraft movements 10.5 % $235.9m 8.9% 84,593 Underlying profit Interim dividend per share 18.6% $123.5m 17.6% 10 cents Reinstated dividend reinvestment plan 2
Slide 3: Strong revenue growth across the business
Strong revenue growth across the business 2017 Craigs Investor day 2017 Aeronautical +15% Retail +6%1 Car park +11% Investment Property Hotel portfolio Underlying profit from +17% occupancy 92% associates +12% 3 1) Growth of 6.4% excluding a one-off accrual release in the prior year
Slide 4: Connecting New Zealand to the world
Connecting New Zealand to the world 2017 Craigs Investor day 2017 Auckland Airport connects New Zealand to 45 international destinations London Vancouver Beijing San Francisco Tianjin Seoul Tokyo Los Angeles Chongqing Osaka Houston Dubai Shanghai Doha Guangzhou Shenzhen Taipei Honolulu Hong Kong Ban
Slide 5: Visitor growth from diverse markets
Visitor growth from diverse markets 2017 Craigs Investor day 2017 Top ten international arrivals growth by country 55,000 6.5% 50,000 23.3% International arrivals growth (12 months to Jan-17) 45,000 40,000 10.5% 35,000 30,000 25,000 20,000 73.3% 15,000 17.7% 7.9% 21.1% 14.7% 10,000 21.4% 12.5% 5,000
Slide 6: Underserved demand remains
Underserved demand remains 2017 Craigs Investor day 2017 Network analysis exposes underserved demand China is S. Korea is Canada is 36% 48% 33% underserved underserved underserved UK is 37% USA is underserved Japan is Germany is 26% 33% underserved 42% underserved underserved Brazil is India is 38%
Slide 7: Investing for future growth
Investing for future growth 2017 Craigs Investor day 2017 Significant projects underway or upcoming Hotel 2nd Runway 250 room 5 star hotel Progressing Phase 4 planning Pier B extension, stand 17 & 18 Transport Road infrastructure Phase 3 Extended outbound processing & dwell Phase 5 Car parking Multi
Slide 8: Improving our transport network
Improving our transport network 2017 Craigs Investor day 2017 • Established a taskforce with the NZ Transport Agency and Auckland Transport focused on improving access to the airport precinct • Transport initiatives already put in place to improve travel times include: – Upgraded Puhinui Road rounda
Slide 9: Capital expenditure investment
Capital expenditure investment 2017 Craigs Investor day 2017 450 10% 400 9% 8% Total pax (ex. Transits) growth % 350 7% 300 Capex $m 6% 250 5% 200 4% 150 3% 100 2% 50 1% 0 0% FY12 FY13 FY14 FY15 FY16 FY17 Actual Guidance Renewal Spend Growth Spend Guidance range Pax growth (RHS) • Investing for futu
Slide 10: Investing in our customer experience
Investing in our customer experience 2017 Craigs Investor day 2017 • Over the past four years we have been In H1 FY17 we invested in: investing in new processes, technology and people to increase airport efficiency and lift 45 New mobile international self- service check-in kiosks customer experienc
Slide 11: Regulatory environment
Regulatory environment 2017 Craigs Investor day 2017 Overview • Dual-till information disclosure regime • Monitored by the Commerce Commission • Commerce Commission input methodologies review completed in December 2016 Pricing decisions • Auckland Airport’s FY18-22 aeronautical price path consultati
Slide 12: Capacity for long term growth
Capacity for long term growth 2017 Craigs Investor day 2017 Runways 2 1 (planning for second) Land area 1,227 hectares 1,500 hectares Aircraft movements 473,383 166,055 12 months to Jan-17 Passenger movements (m) 75.9 18.5 12 months to Jan-17 12
Slide 13: Questions
Questions
Auckland International Airport — Craigs Investor Day 2017 on 6ix