Aurizon 1H20 Earnings

Aurizon Holdings reported 1H20 earnings which were mostly in-line with market forecasts.

1H20 EBIT of $456 million with underlying EPS of $0.136cps. The company continues to payout 100% of earnings in dividends.

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Full-year 2020 EBIT guidance remains unchanged at $880m – $930m and the share buy-back program has increased to $400m in FY20.

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