- Port of Auckland posted a record UNPAT of $85.4 million, up 55% from the previous year.
- Container volumes rose 5%, reflecting improved efficiency and customer confidence.
- The port paid $52 million in trading dividends and a $45 million special dividend to Auckland Council.
- Significant infrastructure upgrades, including new berths and wharf expansions, are planned to support future growth and larger vessels.
Port of Auckland has exceeded expectations in the 2024–25 financial year, reporting a record underlying net profit after tax (UNPAT) of $85.4 million, up 55% from $55.2 million the previous year, alongside revenue growth to $393 million. The port’s strong performance reflects higher container volumes, improved productivity, and effective pricing strategies. In recognition of these results, Port of Auckland will distribute a full-year trading dividend of $52 million and a $45 million special dividend to Auckland Council. According to the report published by Port of Auckland, this milestone marks a defining year focused on sustainable growth and strengthened partnerships.
Strong Performance and Strategic Investments Drive Port Growth
Port of Auckland saw a 5% increase in container volumes, reflecting customer confidence in the port’s proximity to market and enhanced operational efficiency. While some sectors, including vehicles and construction materials, experienced lower volumes, the overall performance remained robust despite challenging economic conditions.
In addition to the special dividend paid to Auckland Council, the port reduced $44 million in debt, strengthening its financial position ahead of major infrastructure projects. Port of Auckland CFO Andrew Clark noted that this performance positions the port to continue generating long-term value for Auckland.
Clark highlighted the port team’s efforts in safely delivering consistent returns, equating to $1 million per week to Aucklanders through the trading dividend. Looking forward, the port plans significant investments to support future growth, including new infrastructure to accommodate larger vessels and the establishment of Auckland’s newest cruise terminal. Recent fast-track approvals cover construction of a new berth at the northern end of Bledisloe Wharf and upgrades to Fergusson North Wharf. These improvements will enhance public access to the waterfront while maintaining operational efficiency.
The port remains committed to improving customer services, investing in infrastructure, and strengthening New Zealand’s position as a key international gateway. “We’ve had a strong year and look forward to another year of safely and reliably delivering for Auckland,” Clark concluded.
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Source: Port of Auckland
