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Chorus Limited (ASX:CNU)

ALERT: Price-sensitive ASX Announcement for CNU
Current share price for CNU : $7.240 -0.73 (-9.16%)+
Announcement
Release
24 Aug 2026 7:31AM
Price at Release
$7.970
Full Release
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Summary
Chorus Limited's FY26 full year results highlight the company's continued focus on infrastructure investment and operational efficiency. Revenue grew by 3% to $1,035.6 million, driven by aeronautical income and higher passenger service charges, despite a decrease in retail income and interest income. Operating expenses were tightly managed, increasing by only 3% despite significant investments. The company maintained strong balance sheet flexibility to support its investment program. Underlying profit after tax slightly declined by 0.5% to $309.0 million. The report underscores Chorus's strategic focus on enhancing infrastructure while optimizing cost control measures.
Key Points
  • Revenue increased by 3% to $1,035.6 million.
  • Aeronautical income and passenger service charges drove revenue growth.
  • Retail income and interest income saw a decline.
  • Operating expenses were contained to a 3% increase.
  • Strong balance sheet flexibility maintained.
  • Underlying profit after tax declined by 0.5% to $309.0 million.
  • Strategic focus on infrastructure investment and cost optimization.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.