Financial forecasts by unit ($NZm)
Airways expects to deliver a full year group NOPAT result of $23.4m for FY2018/19, in line with budget and
Core business NOPAT is forecast to reach $15.8m, with flight volumes and revenue 1.0% ahead of the estimates used to determine FY18/19 pricing and operating costs slightly above budget following the revaluation of long term leave liabilities. The commercial businesses are forecast to deliver a NOPAT result of $7.6m, up on the prior year result of $5.6m and in line with budget. Positive contributions have come from across the portfolio, including the sale and installation of a simulator in Lebanon and the growth of consultancy and engineering work at New Zealand and Pacific aerodromes.
SCI targets and $0.5m ahead of the prior year.
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