Channel Infrastructure NZ stock gained 2.29 percent on October 2

Published on 10/04/2026 at 14:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Channel Infrastructure NZ stock traded at NZD 3.58 on October 2, below its NZD 3.65 52-week high. H1 revenue reached NZD 72.9 million and EBITDA guidance rose to NZD 103-108 million.

CHI, NZNZRE0001S9, Illustration mit AI erstellt.

Channel Infrastructure NZ (ISIN NZNZRE0001S9) stock closed at NZD 3.58 on the NZX on October 2, up 2.29 percent from NZD 3.50. The company had reported H1 2026 revenue of NZD 72.9 million and upgraded its full-year EBITDA guidance to NZD 103 million-NZD 108 million on August 28.

H1 revenue rises 4 percent

According to Yahoo Finance, management said H1 revenue increased 4 percent from the prior period to NZD 72.9 million. EBITDA reached NZD 48.8 million, up 1 percent from fiscal year 2025, while the EBITDA margin was 67 percent.

The operating mix also points to a more contracted earnings base. Storage revenue increased 15 percent in H1 2026, while operating costs rose 11 percent to NZD 24.1 million, according to Yahoo Finance.

Guidance reaches NZD 108 million

The guidance increase is the clearest operating catalyst in the H1 update. Channel Infrastructure lifted its FY 2026 EBITDA range from NZD 97 million-NZD 105 million to NZD 103 million-NZD 108 million, with management citing stronger fuel-volume visibility and completed storage projects.

The company also announced a NZD 0.0725 per share interim dividend, up 16 percent from fiscal year 2025. Its H1 normalized free cash flow from operations was NZD 33.6 million, equal to 69 percent EBITDA-to-free-cash-flow conversion, as reported in the Yahoo Finance transcript.

Stock stays below yearly high

At NZD 3.58 on October 2, the stock was NZD 0.07, or 1.92 percent, below its NZD 3.65 52-week high. The session range was NZD 3.46-NZD 3.60, and volume reached 670,579 shares.

Channel Infrastructure's market capitalization stood at NZD 1.5 billion on October 2. The valuation leaves the market weighing higher contracted revenue against NZD 346 million of net debt at the end of June 2026, a balance-sheet figure disclosed in the H1 earnings call.

Channel Infrastructure NZ stock closes at NZD 3.58

Channel Infrastructure NZ stock closed at NZD 3.58 on the NZX on October 2, with the 2.29 percent daily gain following the company's stronger H1 guidance and contracted-storage expansion.