The Port of Auckland has reported a record underlying net profit after tax of US$85.4 million for the year ended 30 June 2025, a 55% increase on last year’s US$55.2 million.
Revenue rose to $393 million, up from US$339 million in FY24. Statutory NPAT reached $90.8 million, including US$5.4 million in one-off revaluations and related items.
In recognition of this performance, the port declared a full-year trading dividend of US$52 million, alongside a special dividend of US$45 million paid to Auckland Council following the sale of its stake in Marsden Maritime Holdings.
These funds are being channelled directly into the Auckland Future Fund.
Growth was underpinned by a 5% rise in container volumes, stronger customer confidence, and measurable gains in safety and productivity.
While some cargo segments such as vehicles and construction materials declined, overall resilience, supported by a targeted pricing strategy, allowed the port to surpass expectations.
The port also reduced its debt by US$44 million, reinforcing financial capacity to pursue major infrastructure upgrades.
CFO Andrew Clark highlighted the long-term outlook saying that the upcoming investments will ensure the port remains resilient, efficient and capable of connecting New Zealand to the world.
Key developments included fast-track consent approval for new berths at Bledisloe Wharf and the completion of Fergusson North Wharf, enabling the port to handle larger vessels and establish Auckland’s newest cruise terminal.
The year also saw significant operational and sustainability milestones: a 20% reduction in high-potential near-miss incidents, the highest annual container throughput since 2020 at 883,516 TEU, a 23% improvement in on-time vessel departures at Fergusson Terminal, and faster average import dwell times.
Customer engagement improved as reflected by a Net Promoter Score of 34, up from 22, with feedback citing stronger communication and performance.
Other highlights included the full conversion of 27 straddles to manual operations, installation of the inner city’s largest solar array, and the upgrade of the Fergusson Terminal’s N4 operating system.
The port also celebrated external recognition, winning the Deloitte Top 200 Diversity and Inclusion Leadership Award, while Chair Jan Dawson was named Deloitte Top 200 Chairperson of the Year.
Return on Equity increased from 5.6% in FY24 to 8.5% in FY25, reflecting the impact of financial and operational improvements.
