Napier Port Holdings Limited

Overview

Napier Port has been serving Hawke's Bay and surrounding regions for nearly 150 years. As the fourth largest port in New Zealand, by container volumes, Napier Port helps to build a thriving region by connecting customers and the community to global markets.

Napier Port offers a range of container, bulk cargo and cruise vessel services. In FY2018, the port managed the arrival and departure of over 680 ships, handled over five million tonnes of cargo and more than 100,000 cruise passengers.

Performance

The following information was extracted from Napier Port Holdings Limited's Market Update, released on 12 August 2026:

Napier Port (NZX.NPH), the freight gateway for the central and lower North Island, today reports continued underlying earnings growth for the third quarter and nine months ending 30 June 2026. The result was supported by favourable growing conditions and continued progress with yield and productivity strategies.

HIGHLIGHTS

3rd Quarter to 30 June 2026

• Revenue for the third quarter increased 15.3% to $49 million from $42.5 million in the same period last year
• The result from operating activities increased 24.3% to $22 million from $17.7 million
• Underlying net profit after tax increased 38.9% to $11.7 million from $8.4 million

9 Months to 30 June 2026

• Revenue for the nine months rose 11.1% to $134 million from $120.6 million in the same period last year and was led by growth in container services revenue
• The result from operating activities increased 16.6% to $59.3 million from $50.9 million as higher revenue converted to strong earnings growth
• Underlying net profit after tax increased 27.8% to $29.6 million from $23.2 million
• Reported net profit after tax increased 3.7% to $29.7 million from $28.6 million. The prior year period included the proceeds from the final settlement of Cyclone Gabrielle insurance claims