Infratil Limited (IFT) reported strong financial performance for the year ended March 31, 2026, driven by robust growth in data centers and renewable energy segments fueled by AI demand.
Despite a 5.74% stock price drop, the company achieved milestones including a new credit rating and 13% asset value increase. The stock closed at NZD 13.06, near its 52-week high. Market cap stands at $8.88 billion.
Key drivers include CDC Data Centres, aiming to more than double EBITDA by FY2028, and Longroad Energy, targeting a 33% increase in development cadence. CEO Jason Boyes highlighted: "Our investments in CDC and Longroad are pivotal for future earnings growth."
Analysts questioned growth sustainability amid economic uncertainties, but executives pointed to a diversified portfolio and strategic investments in high-demand sectors.
