18-Aug-2009 9:33 AM

Infratil forecasts growth in operating income in FY2009/10

Infratil CEO, Marko Bogoievski, confirmed (17-Aug-09) the company's Mar-2009 forecasts that operating income would increase by 5-12% year-on-year for 2009/10, would will be "closer to the lower end" of the guidance. TrustPower, Wellington Airport and New Zealand Bus are performing to forecast, while Infratil Energy Australia is at the lower end of its forecasts and the European Airports "look likely to slightly under-deliver". [more]