New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Channel Infrastructure NZ Ltd / Equity Bottom-Up

<ul>
<li>One of the attractive aspects of Channel Infrastructure (CHI) as an investment is its exposure to the producer price index, (PPI) that has again exceeded expectations, resulting in a small increase in our FY25 forecast earnings.</li>
<li>Strong spot electricity and gas price rises over the past year have contributed a quarter of the PPI increase.</li>
<li>In addition, Auckland International Airport's (AIA) October 2024 operating metrics show modest growth on last year, albeit still well below pre-COVID. </li>
</ul>


One of the attractive aspects of Channel Infrastructure (CHI) as an investment is its exposure to the producer price index, (PPI) that has again exceeded expectations, resulting in a small increase in our FY25 forecast earnings.
Strong spot electricity and gas price rises over the past year have contributed a quarter of the PPI increase.
In addition, Auckland International Airport's (AIA) October 2024 operating metrics show modest growth on last year, albeit still well below pre-COVID. 


Channel Infrastructure - PPI Price Push Helps FY25 Outlook