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Aurizon Holdings Ltd (AZJ.AX)

AZJ.AX on Australia Stock Exchange

5.53AUD
26 May 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$5.53
Open
$5.54
Day's High
$5.55
Day's Low
$5.49
Volume
2,391,853
Avg. Vol
5,779,478
52-wk High
$5.58
52-wk Low
$4.27

Latest Key Developments (Source: Significant Developments)

Aurizon says FY17 coal tonnage guidance lowered
Tuesday, 25 Apr 2017 07:20pm EDT 

April 26 (Reuters) - Aurizon Holdings Ltd :March quarter 2017 above rail volumes were impacted by tropical cyclone debbie and associated flooding affecting all commodities hauled in queensland.FY17 coal tonnage guidance has been lowered to 190-200mt.March quarter 2017 coal volumes of 48.4mt were 2% (-1.0mt) lower compared to previous corresponding period (pcp)due to flood impacts in queensland.March quarter 2017 iron ore volumes were 7% (-0.4mt) lower than pcp at 5.6mt.  Full Article

Aurizon Holdings updates on impact of cyclone Debbie
Monday, 17 Apr 2017 11:23pm EDT 

April 18 (Reuters) - Aurizon Holdings Ltd :Update on impacts of cyclone Debbie.Has revised its previous EBIT guidance for FY2017 of $900-950 million to $800-850 million.Three out of four Aurizon coal systems have now re-opened to coal trains and are operating under restricted conditions with some reduced capacity.Says expects its above rail coal tonnes for FY2017 to be reduced by 12-14 million tonnes.For FY17 now expects a coal haulage range of 190- 200 million tonnes, rather than previously advised guidance of 200-212 million tonnes.Expects Goonyella coal system to re-open on 26 April with speed restrictions and reduced capacity.Says expects total FY2017 EBIT reduction of $100-115 million as a result of cyclone Debbie impacts."Access revenue will decrease in FY2017 as a result of an expected volume reduction of 19-21 million tonnes carried by all rail operators on CQCN (Central Queensland Coal Network)".  Full Article

Aurizon Holdings requests trading halt
Monday, 17 Apr 2017 07:03pm EDT 

April 18 (Reuters) - Aurizon Holdings Ltd :an Aurizon board meeting has been arranged for later this morning.meeting to formally consider financial impacts of cyclone Debbie on company's fy17 financial guidance.at that meeting board will consider and approve a release to market updating it on those financial impacts.request trading halt.  Full Article

Aurizon Holdings provides operational update after cyclone debbie
Thursday, 6 Apr 2017 11:57pm EDT 

Aurizon Holdings Ltd : Aurizon network operational update - cyclone debbie . Blackwater system was expected to re-open in week ending sunday, 9 april . Blackwater system will now re-open to coal traffic on monday 10 april . Aurizon has mobilised all available crews and resources, including contractors, to undertake repairs across four coal systems . Newlands system is expected to re-open on friday, 14 april . Moura system is now expected to re-open on wednesday, 12 april . "network is expected to operate under restricted conditions with some reduced capacity" .Repairs to large sections of infrastructure of Goonyella system at black mountain are scheduled to be completed by 11 april.  Full Article

Aurizon Holdings updates on impacts of Cyclone Debbie
Monday, 3 Apr 2017 07:53pm EDT 

Aurizon Holdings Ltd : Blackwater System is expected to open again by end of this week, subject to assessment as flood levels recede . Blackwater System was closed to rail traffic at 2100hrs on Wednesday (29 March 2017) due to localised flooding . As a result of cyclone debbie,localised flooding, co mobilised all available crews,resources over recent days to inspect & commence repairs . Cost of repairing rail infrastructure & loss of network revenue expected to be recovered as part of established regulatory process with authority . Temporary closure of coal systems will have negative impact on FY2017 volumes & earnings . "It is too early to assess whether there will be a change to Aurizon's FY2017 volume and EBIT guidance" . There will be a change in timing of when income is received and costs are incurred which is likely to a negative impact on FY2017 network earnings . Temporary closure of coal systems will have a "negative impact on FY2017 volumes and earnings" .Newlands System is expected to re-open in next 2-3 weeks.  Full Article

Aurizon says Aurizon Network lodges UT5 submission
Wednesday, 30 Nov 2016 01:27am EST 

Aurizon Holdings Ltd : unit submitted to queensland competition authority (qca) draft access undertaking for central queensland coal network for 1 july 2017 - 30 june 2021. .aurizon network proposes an overall maximum allowable revenue (mar) of $4.892 billion over four year regulatory period..  Full Article

Aurizon says Sept qtr coal volumes were 51.2 mt
Sunday, 16 Oct 2016 07:21pm EDT 

Aurizon Holdings Ltd : for coal september quarter 2016 volumes of 51.2mt represents a 3% (1.4mt) decrease . for iron ore september quarter 2016 volumes were lower than pcp at 5.4mt .Coal fy2017 tonnage guidance remains at 200‐212mt.  Full Article

ACCC releases statement of issues on Aurizon and Pacific National’s competing proposals to acquire GRail
Wednesday, 5 Oct 2016 06:09pm EDT 

Australian Competition and Consumer Commission : Releases statement of issues on aurizon and pacific national’s competing proposals to acquire grail . Currently assessing the proposals against the alternative scenario of a new player entering the market by acquiring GRail. .Invites responses to statement of issues by 21 October 2016.  Full Article

Aurizon announces MD & CEO succession
Thursday, 1 Sep 2016 06:25pm EDT 

Aurizon Holdings Ltd : Aurizon announces MD & CEO succession . Departure of managing director & chief executive officer Lance Hockridge and the appointment of Andrew Harding as his successor .  Full Article

Aurizon secures new contract with K&S Freighters
Thursday, 18 Aug 2016 12:05am EDT 

Aurizon Holdings Ltd : Aurizon secures new contract with k&s freighters . Secured new five year contract with k&s freighters worth approximately $20 - $25 million in revenue per annum. . Deal will see Aurizon transport approximately 20,000 twenty-foot equivalent units (teus) per annum across Australia . Partnership will see Aurizon provide an integrated and efficient national service offering to a leading freight forwarder" . Aurizon will lengthen rail services, increase double stacking on five services per week on east-west corridor to meet contract needs .  Full Article

More From Around the Web

Aurizon, Adani in talks on rail for Australian coal mine

MELBOURNE, April 27 Aurizon Holdings Ltd is talking to Adani Enterprises about building a rail line for the Indian company's proposed $4 billion coal project in Australia, in a plan that could cut costs for the long delayed mine.