Auckland International Airport Ltd (NZSE:AIA)
NZ$ 7.55 -0.05 (-0.66%) Market Cap: 11.14 Bil Enterprise Value: 13.31 Bil PE Ratio: 70.56 PB Ratio: 1.31 GF Score: 85/100
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Full Year 2020 Auckland International Airport Ltd Earnings Call Transcript

Aug 19, 2020 / 10:00PM GMT
Release Date Price: NZ$6.39 (+1.75%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Auckland Airport Annual Results 2020 Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Mr. Adrian Littlewood, Chief Executive Officer of Auckland Airport. Thank you, sir. Please go ahead.

Adrian Littlewood
Auckland International Airport Limited - CEO

Good morning, everyone. Welcome to the FY '20 financial results. I'm joined by Phil Neutze, our Chief Financial Officer.

Usually, we're accused of, if I say it politely predictable results year-over-year. I think this is very clearly and as expected a year like no other, one we've had to dramatically deal with the impact of COVID-19, and we've been at front of the Q. It was only a few months ago that our interim results where we were seeing the first signs of COVID-19 coming through, and we were, I guess, optimistic at that stage that it was going to look more like SARS. But I think as we all know now, it

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