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Aurizon (AZJ) investor relations material

Aurizon AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary16 Oct, 2025

Opening remarks and agenda

  • Chairman welcomed attendees, introduced the Board and executive team, and outlined the meeting agenda, including addresses, business items, Q&A, and voting procedures.

  • Acknowledgement of Country recognized Traditional Custodians and emphasized respect for Aboriginal and Torres Strait Islander peoples and their connection to the land.

Financial performance review

  • Underlying EBITDA for FY2025 was AUD 1.576 billion, 7% below expectations due to deferred revenue and increased bad debt provisions.

  • Revenue increased by 3% in FY2025, supporting a total dividend of AUD 0.157 per share and a AUD 300 million share buyback.

  • Bulk business volumes fell 17% and EBITDA dropped 26% due to contract loss, lower grain volumes, and doubtful debts.

  • Coal volumes rose 2% to 192.2 million tonnes, with flat EBITDA due to higher costs; Network EBITDA rose 3% despite a 1% volume drop.

  • Financial statements and reports for the year ended 30 June 2025 were presented for consideration.

Board and executive committee updates

  • Chairman confirmed ongoing succession planning for his role, with internal and external candidates under consideration.

  • Two directors, Sarah Ryan and Lyell Strambi, stood for reelection, both highlighting their relevant experience and commitment.

  • Board is seeking to add diversity, skills, and experience in upcoming appointments.

  • Addresses were delivered by the Chairman and the Managing Director & CEO.

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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.

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