January 28, 2015 3:21 PM ET

Road and Rail

Company Overview of New Zealand Bus Limited

Company Overview

New Zealand Bus Limited operates as a bus transportation company in New Zealand. The company provides LINK service that offers transportation for daily commuters, students, and lunchtime shoppers; City Circuit service, which travels clockwise around destinations; and NiteRider service that offers late night transportation. It also offers health bus services for patients; coach lines services to other cities and towns; and shuttle bus services for students and staff. In addition, the company provides ferry trips and tours; and bus chartering services. New Zealand Bus Limited serves customers in Auckland, Wellington, and Lower Hutt, New Zealand. New Zealand Bus Limited was formerly known as St...

2-12 Allen Street

Wellington,  6011

New Zealand

Founded in 1992

Phone:

64 4 802 4100

Fax:

64 4 802 4259

Key Executives for New Zealand Bus Limited

Chief Executive Officer
Co-Founder
Age: 60
Co-Founder
Age: 71
Chief Financial Officer
Head of Engineering
Compensation as of Fiscal Year 2014.

New Zealand Bus Limited Key Developments

NZ Bus Announces Capital Expenditure Results for the Year Ended March 31, 2014; Provides Capital Expenditure Guidance for the Fiscal 2015

NZ Bus announced capital expenditure results for the year ended March 31, 2014. For the period, the company reported total capital expenditure was $68.1 million. For the fiscal 2015, the company expects capital expenditure of $15 million to $25 million.

NZ Bus Announces Executive Changes

NZ Bus announced that Tonia Haskell has been appointed to the role of Chief Operations Officer (COO) – Southern, replacing Rachel Drew, a valued member of the executive team who is on maternity leave from July 1, 2014. The company said Tonia will join the executive team on July 7, 2014, and will take charge of the daily Wellington operations of Go Wellington and Valley Flyer. As COO she will lead NZ Bus’ health and safety initiatives and its drive to achieve a zero harm workplace, building on the excellent work Rachel has done in this area, which has included a comprehensive safety audit of NZ Bus’ entire Wellington fleet and improvements based on the findings of that audit early 2014.

NZ Bus Announces Unaudited Earnings Results for the Six Months Ended September 30, 2013

NZ Bus announced unaudited earnings results for the six months ended September 30, 2013. For the period, the company reported EBITDAF of $21.5 million against $21.8 million a year ago. Total revenue was $113 million against $111.5 million a year ago. Net profit was $7.5 million against $4.8 million a year ago. Capital expenditure/investment (including accruals) was $39.4 million against $21.8 million a year ago.

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