Dalrymple Bay Infrastructure Posts Higher 2024 Earnings as Revenue Rises; Raises 2025 Distribution Outlook

MT Newswires Live
02-25

Dalrymple Bay Infrastructure (ASX:DBI) reported Tuesday that its attributable earnings per diluted share in 2024 rose to AU$0.16 from AU$0.15 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.17.

Total revenue for the year ended Dec. 31, 2024, was AU$783.8 million, up from AU$654.8 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$692 million.

For 2025, the infrastructure company raised its distribution outlook to AU$0.23 per security, from its previous guidance of AU$0.225 per security.

DBI also expects distributions for the rest of the year to include two quarterly payouts of AU$0.05875 per security and aims for annual distribution per share growth of 3% to 7%.

The board declared a quarterly dividend of AU$0.05625 per share, up from the AU$0.05375 in the previously reported period, payable on March 19 to shareholders on record as of March 3.

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