Port of Tauranga Ltd Ordinary Shares

POT.NZX

Utilities

The company was listed in May 1992 following a public issue of 33.6m shares at $1.05, which included a total of 12.6m shares previously owned by the Waikato Regional Council, and coincided with completion of a $53m expansion of port and cargo handling facilities. The company's business predominantly services the forestry and farming industries in the region. Since listing the company has recorded strong growth in cargo volumes and increasing emphasis on container traffic. Significant recent initiatives have included establishment of Metroport, an inland port in South Auckland for the aggregation and distribution of import/export cargo, a 50:50 joint venture project with Northland Port to develop and operate a new $65m deepwater port (Northport) at Marsden Point in Northland, and acquisition of log handler Owens Services BOP (which operates in 10 ports. POT derives its revenue through three main streams: port services, rental income and rental from investment properties. Other income also comes from investment dividends and fair value gains (losses). POT has been granted Listing with a 'Non-Standard' ("NS") designation. This designation was granted because under the Port Companies Act 1988, changes to POT's Constitution must be approved by the Minister of Transport. For further information, please see the Port Companies Act 1988 which is publicly available at www.legislation.govt.nz.

Market Data

Price

$8.130

+0.0%
Market Cap

$5.5B

P/E Ratio

30.2x

EPS

$0.270

Div. Yield

3.03%

52-Week Change

+0.2%

Latest Earnings

POT reports FY26 interim results

27 February 2026

Revenue
$244.10
+8.5% YoY
NPAT
$70.20
+16.6% YoY
EPS
$0.10
Dividend
$0.08

Port of Tauranga (NZX: POT) delivered a record interim result for the six months ended 31 December 2025, with Group NPAT rising 16.6% to $70.2 million driven by an 8.5% increase in operating revenue to $244.1 million and a 27.3% jump in subsidiary and joint venture earnings. Container volumes grew 2.6% to 607,114 TEUs, while total trade volumes increased 1.2% to 12.6 million tonnes despite softer export log and dairy volumes. On the back of the strong first-half performance, management raised its full-year Underlying NPAT guidance to NZ$142–$152 million, and declared a record interim dividend of 8.0 cents per share (fully imputed), up 14.3% on the prior period. Key points: Record interim Group NPAT of $70.2 million, up 16.6% on pcp — the highest interim profit in the company's history.; Operating revenue up 8.5% to $244.1 million, with container terminal revenue growing 8.4% to $146.6 million.; Subsidiary and joint venture earnings surged 27.3%, reflecting broad-based improvement across the Group including Ruakura Inland Port (container volumes +22%).

Recent Announcements

9 Apr 2026 Insider Neutral

D&O Ongoing Disclosure Notice - M Dyer

Melanie Jane Dyer, GM Corporate Services at Port of Tauranga Limited, sold all 10,547 ordinary shares she held on 8 April 2026 for $83,367 via on-market sale, reducing her shareholding to zero while retaining Performance Share Rights across multiple vintages.

24 Mar 2026 Neutral

Change to senior management team at POT

Port of Tauranga (NZX:POT) announced that GM Corporate Services Melanie Dyer will depart in June after nearly six years to become Chief People Officer at Craigs Investment Partners; the company will begin recruitment for her replacement.

12 Mar 2026 Supplementary Neutral

Port of Tauranga Investor Day presentations

Port of Tauranga has published investor day presentations available on their website for investors attending the company's Investor Day event in 2026.

11 Mar 2026 Insider Neutral

D&O Ongoing Disclosure Notice - F S Whineray

Fraser Scott Whineray, a director of Port of Tauranga Limited, ceased to hold 6,300 ordinary shares on 6 March 2026 due to his retirement as trustee of the TIS Trust; he retains 35,000 shares held through the Saturnian Trust.

10 Mar 2026 Insider Neutral

D&O Ongoing Disclosure Notice - J C Hoare

Julia Cecile Hoare, Chair of Port of Tauranga Limited, acquired 3,500 ordinary shares on-market on 6 March 2026 for $28,647.50, increasing her shareholding from 10,500 to 14,000 shares.

10 Mar 2026 Neutral

Expert panel reappointed to consider fast-track application

Port of Tauranga (NZX:POT) announced that the Environmental Protection Authority has reappointed an expert panel (Bronwyn Carruthers KC, Hugh Leersnyder, and James Whetu) to consider its fast-track application for the Stella Passage development, with panel work commencing 16 March 2026 and a decision due 7 September 2026.

9 Mar 2026 Insider Neutral

Ongoing Disclosure Notice - Kebbell - 9 March 2026

Simon Randall Kebbell, Chief Financial Officer & Company Secretary of Port of Tauranga Limited, transferred 21,660 ordinary shares off-market to the S&G Kebbell Investment Trust on 6 March 2026 for $176,746, reducing his legal holding from 23,410 to 1,750 shares while the trust now holds beneficial interest in 21,660 shares.

6 Mar 2026 Insider Neutral

D&O Ongoing Disclosure Notice - Leonard Sampson

Leonard Ernest Sampson, Chief Executive of Port of Tauranga Limited, transferred 119,745 ordinary shares (valued at $968,737) from his personal ownership to the Sampson Family Trust (via Sampson Trustee Company Limited) on 4 March 2026, changing his legal interest from 119,745 shares to zero while the trust now holds beneficial interest in those shares.

27 Feb 2026 Actual Results Positive

POT reports FY26 interim results

Port of Tauranga (NZX: POT) delivered a record interim result for the six months ended 31 December 2025, with Group NPAT rising 16.6% to $70.2 million driven by an 8.5% increase in operating revenue to $244.1 million and a 27.3% jump in subsidiary and joint venture earnings. Container volumes grew 2.6% to 607,114 TEUs, while total trade volumes increased 1.2% to 12.6 million tonnes despite softer export log and dairy volumes. On the back of the strong first-half performance, management raised its full-year Underlying NPAT guidance to NZ$142–$152 million, and declared a record interim dividend of 8.0 cents per share (fully imputed), up 14.3% on the prior period. Key points: Record interim Group NPAT of $70.2 million, up 16.6% on pcp — the highest interim profit in the company's history.; Operating revenue up 8.5% to $244.1 million, with container terminal revenue growing 8.4% to $146.6 million.; Subsidiary and joint venture earnings surged 27.3%, reflecting broad-based improvement across the Group including Ruakura Inland Port (container volumes +22%).

6 Feb 2026 Date Announcement Neutral

Half Year Results - 27 February 2026

Upcoming half year results expected 27 February 2026 (from NZX schedule)

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