Aurizon Holdings Limited: Soft FY2019 operating results affected by non-recurring factors, in line with expectations
Aurizon's metrics should be underpinned by solid operating performance and revenue upside subject to regulatory approval of revised UT5 undertakingsAurizon Holdings is engaged in integrated heavy haul freight railway operation; rail transportation of coal from mine to port for export markets; bulk, general and containerised freight businesses; and rail services activities. Co. has three segments: Network, which is engaged in the provision of access to, and operation and management of, the Central Queensland Coal Network; Commercial & Marketing, which is engaged in the commercial negotiation of sales contracts and customer relationship management; as well as Operations, which is engaged in the national delivery of various coal, iron ore, bulk and intermodal haulage services, and in the maintenance of rollingstock fleet assets.
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