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Aurizon Holdings Ltd (AZJ.AX)

AZJ.AX on Australia Stock Exchange

4.70AUD
30 Sep 2016
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Latest Key Developments (Source: Significant Developments)

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

Aurizon says FY revenue from continuing operations for Aurizon Network $1.18 bln
Sunday, 14 Aug 2016 06:57pm EDT 

Aurizon Holdings Ltd : FY revenue from continuing operations for Aurizon Network $1.18 bln vs $1.11 bln .Aurizon network pty ltd full year report.  Full Article

Wollongong Coal says awarded coal haulage contract
Sunday, 14 Aug 2016 06:27pm EDT 

Wollongong Coal Ltd : Coal haulage contract . Contract secures coal haulage services from colliery to port from August 2016 to August 2018 . Awarded coal haulage contract to Aurizon operations to haul 800,000 tonnes pa Rom coal from wongawilli colliery to port kembla coal terminal .  Full Article

Aurizon Holdings reports FY underlying NPAT $510 mln vs $604 mln
Sunday, 14 Aug 2016 06:26pm EDT 

Aurizon Holdings Ltd : Appendix 4E . FY underlying NPAT $510 million versus $604 million a year ago . FY revenue $3.46 billion versus $3.78 billion . FY 2017 guidance for revenue $3.35BN to $3.55BN . FY 2017 guidance for underlying EBIT $900M to $950M . Says final FY 2016 dividend of 13.3 cps .Continued delivery of transformation benefits expected to be more than $100M in FY 2017.  Full Article

Aurizon Holdings says further reductions in capex expected over next two years
Sunday, 14 Aug 2016 06:26pm EDT 

Aurizon Holdings Ltd : Aurizons FY 2016 financial results announcement . Based on current market conditions, Aurizon anticipates above rail haulage for FY 2017 to remain flat in the range of 255mt - 275mt . For FY 2017 sees coal in the range of 200 - 212mt . Company is on track to achieve the transformation target of $380 million over the three years from FY 2016 to FY 2018 . The 70% operating ratio target by FY 2018 remains . In the rail business FY 2017 EBIT is forecast to be flat . "Further reductions in capital expenditure are expected over the next two years of between $50 million and $150 million" . "The share buyback has been stopped to manage near term balance sheet capacity" .  Full Article

Aurizon Holdings June quarter coal production 53 million tonnes
Thursday, 21 Jul 2016 01:23am EDT 

Aurizon Holdings Ltd : "Decided to recognise a further impairment in respect of the aquila investment of $73 million (pre-tax)" . Says above-rail coal tonnages for FY 2016 of 206.8 million tonnes . Underlying EBIT for FY 2016 is expected to be, subject to audit, $871 million . June quarter coal production 53.0 million tonnes . June quarter iron ore production 5.2 million tonnes . Above-rail volumes stable in Q4, reflects high contract rate utilisation rate of 96% for coal & in excess of 100% for iron ore . Proposes reduction of about 120 leadership positions in operations, representing approximately 20% of management roles .  Full Article

Aurizon Holdings Ltd - Fears of 30,000-litre sulphuric acid leak from Australian train derailment - Reuters
Monday, 28 Dec 2015 08:58am EST 

Aurizon Holdings Ltd:It was feared more than 30,000 litres (7,925 gallons) of sulphuric acid had spilled after all 26 carriages of a freight train carrying the chemical derailed in remote northern Australia, authorities said on Tuesday - RTRS.The train, belonging to locally listed freight firm Aurizon Ltd, was carrying about 819,000 litres (216,360 gallons) of sulphuric acid, four times the amount first estimated, when it derailed in Queensland state on Sunday - RTRS."One of the carriages has likely ruptured and it is possible that up to 31,500 litres of acid has leaked out," Queensland Police said in a statement. - RTRS.Testing by the Department of Environment and Heritage Protection suggested that a nearby waterway had not been adversely affected by any leak, the statement said. - RTRS.Aurizon said in an email to Reuters the cause of the incident was not yet known. Three train drivers had received minor injuries but had been released from hospital, it said - RTRS.The police statement did not give a cause for the derailment but said the area had experienced flooding, causing a nearby highway to be cut off - RTRS.  Full Article

Perpetual Limited and subsidiaries ceases to be substantial holder of Aurizon Holdings Limited
Friday, 3 Jul 2015 04:03am EDT 

Aurizon Holdings Limited:Says that Perpetual Limited and subsidiaries ceases to be substantial holder of the company effective July 1.  Full Article

Aurizon Holdings Ltd appoints Tim Poole as chairman-elect
Tuesday, 2 Jun 2015 06:29pm EDT 

Aurizon Holdings Ltd:Says that board has agreed to appoint Tim Poole as a new independent non-executive director and chairman-elect of the company.Says Poole will formally become director of Aurizon on July 1, and will assume chairmanship on retirement of present chairman JB Prescott AC on Sept. 1.  Full Article

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Glencore to delay coking coal shipments after Australia train accident

MELBOURNE Glencore will have some "short-term" delays in its coking coal shipments after a train derailment on freight operators Aurizon Holdings train system in Queensland, Australia, on Sunday, the miner and trader said on Thursday.