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Earnings call transcript: Channel Infrastructure lifts H1 2026 outlook and dividend

Earnings call transcript: Channel Infrastructure lifts H1 2026 outlook and dividend

Channel Infrastructure Holdings reported strong first-half results for H1 2026, with revenue growing 4% to NZD 72.9 million and EBITDA increasing 1% to NZD 48.8 million. The company declared an interim dividend of NZD 0.0725 per share, a 16% increase from FY2025. Additionally, the company raised its FY2026 EBITDA guidance to NZD 103 million–NZD 108 million, up from the previous range of NZD 97 million–NZD 105 million.

The company's new BP contract adds NZD 130 million of revenue over 15 years before PPI indexation, contributing to the stronger outlook. Shares rose 6.25% to $3.40, near the top of the 52-week range. The company's business model remains centered on fuel storage, terminal services, and infrastructure conversion work, with a focus on contracted revenue and efficient project delivery.

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