Each year, the Company transports more than 250 million tonnes of Australian commodities, connecting miners, primary producers, and industry with international and domestic markets. It provides customers with integrated freight and logistics solutions across extensive rail networks, within Australia.
We own and operate the Central Queensland Coal Network, which is made up of approximately 2,670 kilometres of heavy haul rail infrastructure. We also provide a range of specialist services in rail design, engineering, construction, management and maintenance, that offers large-scale supply chain solutions to a diverse range of customers Australia-wide.
Our integrated business model provides a defensive stream of earnings from our regulated track infrastructure (Central Queensland Coal Network), while our rail haulage business is largely leveraged to Australia’s strong metallurgical and thermal coal exports and other bulk commodities.
Our strategy is focused on optimising and strengthening our existing portfolio by continually reviewing and improving our performance. In parallel, we are continuing to transform our business to improve our cost structure and deliver value for money for our customers, while ensuring we remain an efficient, competitive and sustainable business.
Further investment in technology and innovation will continue to feature in our operations, not only to drive labour and asset productivity, but to also deliver safety and environmental benefits. As part of our strategy, we are also striving to increase the precision of our Central Queensland operations, on-time performance and adherence to schedule through planning and productivity improvements.
We are committed to providing value to shareholders through managing our capital effectively and returning surplus capital to investors, where possible. In FY2018 we returned $762 million to shareholders through dividends and a share buyback, which demonstrates this commitment.
- Please note all dates are subject to change.
- The ASX determines the "ex" date of company declared dividends in accordance with the listing rules which are amended from time to time. The Company will confirm the Record dates and ex dates on any dividends declared at the time it releases its half year and full year results.
- Typically the Company declares the Record Date to be 10 to 12 business days after the declaration of the dividend.