Aurizon H1 Results Climb; Names Ian Wells CFO, Effective April 7
Aurizon Holdings (ASX: AZJ) reported a 12.5% rise in first-half net profit to A$414 million, driven by higher freight volumes and improved operational efficiency. The Australian rail and logistics company also announced Ian Wells as CFO, effective April 7, 2026, succeeding outgoing CFO Michael Thompson. Revenue climbed 8.7% to A$2.45 billion, with underlying EBITDA up 10.2% to A$896 million. The board declared an interim dividend of 10 cents per share, unchanged from last year. Wells brings 15 years of experience in transport and infrastructure finance, most recently as finance director at Queensland Rail.
EditorThomas Ho