Aurizon Holdings: 2023 Darwin investor day and asset tour
About the author:
- Author name:
- By Nathan Lead
- Job title:
- Senior Analyst
- Date posted:
- 21 July 2023, 8:30 AM
- Sectors Covered:
- Infrastructure, Utilities, Banks
- This week Aurizon Holdings (ASX:AZJ) hosted its investor day and asset tour in Darwin.
- FY23 and FY24 earnings indications were as per market expectations. The most interesting disclosure was AZJ’s plans to commence a land-bridging operation from Darwin, which is effectively a challenger business commencing with a mature company.
- Target price unchanged at (login to view) per share. Earnings upgrades offset from a value perspective by higher capex expectations.
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