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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Aurizon
Aurizon (AZJ) investor relations material
Aurizon AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary22 Oct, 2026
Opening remarks and agenda
The meeting opened with a welcome and acknowledgment of the Turrbal and Jagera peoples, recognizing First Nations connections to country, culture, community and heritage.
Agenda covered the Chair’s and CEO’s addresses, director election and re-election addresses, questions, voting on resolutions and close.
Financial performance review
FY underlying EBITDA rose 9% to AUD 1.724bn and underlying NPAT rose 24% to AUD 433m, with higher contributions across all business units.
Higher bulk, containerized freight and network volumes supported earnings; coal volumes were flat.
Bulk delivered a record result, led by base metals, grain and WA iron ore; containerized freight customer growth exceeded 175% in FY.
More than a quarter of the coal portfolio was recontracted since July 2025, extending terms into the mid-to-late 2030s; BMA and Whitehaven contracts run up to 12 and 10 years, respectively.
Board and executive committee updates
Amanda McMillan joined in January 2026 and Andrew Adam in July 2026; both stood for election, while Samantha Tough and Tim Longstaff stood for re-election.
McMillan’s experience spans finance, infrastructure, CEO roles and investment management; Adam’s includes coal, rail, ports and end-to-end supply-chain leadership.
Tough highlighted her People and Remuneration Committee role and regional WA experience; Longstaff sought a further three-year term as Chair.
McMillan was elected with 99.75% support and Adam with 99.80%; Tough was re-elected with 99.49% and Longstaff with 97.69%.
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Latest events from Aurizon
- EBITDA up 9%, NPAT up 24%, dividends up 46%, and Bulk segment delivered record growth.AZJ
H2 2026 - FY2026 EBITDA guidance reaffirmed at $1,680m–$1,750m with strong volume growth.AZJTrading update
- EBITDA up 9%, EPS up 20%, higher dividends, and strong free cash flow growth.AZJH1 2026
- All resolutions, including director re-elections and CEO incentives, received strong support.AZJAGM 2025
- FY2025 EBITDA fell 3% but FY2026 outlook is stronger with higher guidance and new contracts.AZJH2 2025
- EBITDA up 14%, 17 cent dividend, and all board proposals passed with strong support.AZJAGM 2024
- EBITDA up 14%, NPAT up 11%, with higher dividends and a $150 million buyback planned.AZJH2 2024
- EBITDA fell 4% to $814m as Bulk earnings dropped and guidance remains at the lower end.AZJH1 2025
Next Aurizon earnings date
H1 202714 Feb, 2027
Aurizon
Next Aurizon earnings date
H1 202714 Feb, 2027
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Frequently asked questions
Aurizon Holdings Limited, formerly known as QR National Limited, through its subsidiaries, operates as a rail freight operator in Australia. The company transports coal for the mining sector and exports of mineral concentrates from various ports located along the eastern and south-western coasts of Queensland and from Newcastle New South Wales; and bulk grain to customers in northern, western, central and southern Queensland. It transports bulk resources, such as coal, grain, minerals (including lead concentrate and zinc concentrate), fertilizers, steel products (principally sheet steel), ores, chemicals and other commodities domestically; and exports timber to customers in Indonesia. Aurizon Holdings Limited is based in Fortitude Valley, Australia.