The Port of Auckland has reported a record underlying net profit after tax (UNPAT) of NZD $85.4 million ($50.16 million), up 55 per cent from last year’s NZD $55.2 million ($32.4 million) in FY24.
Revenue for the year ended 30 June 2025 reached NZD $393 million ($230.8 million), up from NZD $339 million ($199 million) in FY24.
Statutory NPAT of NZD $90.8 million ($53.3 million) includes one-off revaluations and other items of NZD $5.4 million ($3.2 million) in total.
In recognition of these results, the port will pay a full-year trading dividend of NZD $52 million ($30.55 million).
The port also provided a NZD $45 million ($26.4 million) special dividend to the Auckland Council following the sale of its stake in Marsden Maritime Holdings (MMH), which the Auckland Council is contributing directly to the Auckland Future Fund.
These results were achieved by significantly increasing container volumes, improving safe productivity and building customer confidence in its ability to deliver reliable service. The port also implemented its pricing strategy, which contributed to its strong performance.
Port of Auckland Chair, Jan Dawson, said: “We’ve delivered strong financial results, accelerated infrastructure investment and deepened partnerships with our people, customers and communities – all underpinned by our strategy to strengthen our mana.”
Container volumes rose by 5 per cent, with customers responding positively to the port’s proximity to market and increased efficiency.
While volumes of some goods – such as vehicles and construction materials – declined, overall company performance remained resilient in a challenging economic environment.
As well as the special dividend to Auckland Council, the port has also paid NZD $44 million ($25.8 million) in debt, reinforcing its financial strength ahead of its significant infrastructure investment.
Port of Auckland CFO, Andrew Clark, said: “As we embark on the significant investments planned and lay the foundations for our next 40 years of growth, we remain focused on doing this in a way that will deliver the best outcome for our customers, our team and for Auckland. Our investments today are setting the stage for a stronger, more resilient port, playing a vital role in connecting New Zealand to the world.
“Since the end of the financial year we have received fast-track consent for construction of a new berth at the northern end of Bledisloe Wharf and to complete Fergusson North Wharf .
“These upgrades will make the port big ship capable, allowing us to accommodate larger vessels and establish Auckland’s newest cruise terminal. They also enable the port to help increase public access to the waterfront while still maintaining efficient port operations.”
Earlier this year, CentrePort announced it is set to incorporate 5G coverage across its Wellington port facilities by deploying an innovative new network with Māori-run communications provider Tū Ātea Limited.
