Aurizon Holdings Limited (AZJ) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to Aurizon's FY twenty twenty six results presentation. Aurizon delivered strong execution across the business with earnings per share increasing by 29%. Underlying EBITDA was above the midpoint of guidance, supporting full year dividends of $0.23 per share alongside the completion of the $250,000,000 on market buyback. I'll focus on three themes today. Strong financial performance, positive contributions from network coal and bulk, together with a clear pathway to containerized freight to achieve EBITDA breakeven in FY 2027, and progress on our strategic priorities including duty five plus coal recontracting, bulk growth and expansion into vehicle logistics. We're in Brisbane today, therefore I acknowledge the traditional custodians of this land, the Turrbal and Yargra people, and pay my respects to the elders past, present, and future for they hold the memories, the traditions, the culture, and hopes of Aboriginal Australia. We must always remember that under the ballast, sleepers, rail systems and office buildings where Aurizon does business was and always will be traditional Aboriginal land. I'm joined on the call by the group executive team, Ian Wells, who commenced as CFO in April. Turning now to safety. Our focus at Aurizon is protecting our employees, customers, and the communities in which we operate. While the reduction in serious injury frequencies is encouraging, the increase in total recordable injuries is not where we want performance to be. It was pleasing, however, that the second half had a much lower injury rate than the first half. I'm pleased to announce that in FY twenty twenty six, we completed our TrainGuard rollout in CQCN, deploying the technology across 2,000 kilometers of network and more than 100 electric locomoti...