This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Napier Port
Directory
| NZX code: | NPH |
| Short name: | Napier Port Holdings |
| Legal name: | Napier Port Holdings Limited |
| Industry sector: | Port |
| NZX50 rank: | 39 of 50 |
| Head office address: | 159 Dalton Street, Napier South, Napier 4110 |
| Chairman: | Blair O'Keeffe |
| Chief executive: | Todd Dawson |
| Financial year ended: | September |
| Locations: | New Zealand |
| Auditor: | Ernst & Young |
| Bankers: | Westpac, ICBC |
Napier Port Holdings
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Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye Sep | mln | mln | cents |
| 2016 | $73 | $12 | - |
| 2017 | $87 | $17 | - |
| 2018 | $92 | $18 | 16 |
| 2019 | $100 | $7 | 6 |
| 2020 | $100 | $22 | 11 |
| 2021 | $109 | $23 | 12 |
| 2022 | $115 | $20 | 10 |
| 2023 | $122 | $17 | 8 |
| 2024 | $141 | $25 | 12 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye Sep | mln | mln | % |
| 2016 | $303 | $114 | 62 |
| 2017 | $329 | $124 | 62 |
| 2018 | $332 | $120 | 64 |
| 2019 | $371 | $36 | 90 |
| 2020 | $385 | $39 | 90 |
| 2021 | $480 | $125 | 74 |
| 2022 | $563 | $171 | 70 |
| 2023 | $565 | $169 | 70 |
| 2024 | $579 | $160 | 72 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye Sep | mln | mln | mln |
| 2016 | $23 | $22 | $0.5 |
| 2017 | $25 | $25 | $0.2 |
| 2018 | $28 | $29 | ($0.1) |
| 2019 | $49 | $18 | $31.2 |
| 2020 | $29 | $53 | $7.9 |
| 2021 | $97 | $104 | $1.4 |
| 2022 | $72 | $72 | $1.9 |
| 2023 | $37 | $38 | $1.1 |
| 2024 | $54 | $53 | $1.9 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend | |
| fye Sep | cents | annual avg | dollars | Per share |
| 2016 | N/A | N/A | N/A | 18 |
| 2017 | N/A | N/A | N/A | 33 |
| 2018 | 16 | N/A | 2 | 30 |
| 2019 | 6 | N/A | 3 | 3 |
| 2020 | 11 | 26 | 2 | 5 |
| 2025 | 15 | 21 | 2 | 6 |
Description of trading activities
Napier Port Holdings operates the primary seaport for Hawke’s Bay and the lower North Island, providing marine, cargo handling, and logistics services. It is the region’s gateway for exports and imports, handling containerised freight, bulk cargo, and cruise ships. The company generates revenue from port operations, berthage, pilotage, towage, and related logistics services. Hawke’s Bay Regional Investment Company owns 55%, with the remaining shares publicly traded on the NZX.
CEO profile
Todd joined Napier Port as Chief Executive in 2018, bringing over 25 years’ experience across supply chain, transport, and logistics. He previously led strategic partnerships and new ventures at Kotahi Logistics, driving initiatives such as introducing bigger ships to New Zealand and developing intermodal freight hubs. Todd has also held senior roles with IBM NZ, Toll New Zealand, Sainsbury’s (UK), and Mainfreight.
He holds a Bachelor of Science and a Postgraduate Diploma in Business (Operations Management) from the University of Auckland, is a member of the Institute of Directors, and chairs the Manawatu Inland Port, Napier Port’s intermodal joint venture with Halls Transport (Talley’s Group).
Chairman profile
Blair O’Keeffe was appointed Chair of Napier Port in December 2022, having first joined the Board in 2019. He is an experienced company director with more than 25 years’ leadership across infrastructure, transport, energy, property, and regulatory sectors in New Zealand and internationally. Blair currently chairs Maritime New Zealand, the Hawke’s Bay Regional Recovery Agency, and the Hawke’s Bay Rescue Helicopter Trust, and is Deputy Chair of Unison Networks. He also serves as an independent director for Clarus and Livestock Improvement Corporation, and has held senior governance roles including Director of Z Energy.
Links:
| Company website: | https://www.napierport.co.nz/ |
| Investor information: | https://www.napierport.co.nz/investor-centre/ |
| NZX listing: | https://www.nzx.com/companies/NPH |
| Annual reports: | https://www.napierport.co.nz/corporate/annual-reports/ |