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Freightways fields flurry of M&A calls in past year

Listed transport company reports solid revenue and profit growth in half year.

The company’s express package division made gains with market share and pricing.

Key points
  • Revenue: up 6.7% to $662.1m
  • Profit: up 9.5% to $44.7m
  • Main takeaway: Solid result helped by competitive players: NZ Couriers, Post Haste, and Allied Express. 

Listed transport company Freightways has fielded a flurry of calls about mergers and acquisitions in the past year amid a tough economy.

The company today reported half year revenue and profit growth in the six months ended December. Its revenue rose 6.7% to $662.1 million, while net profit gained

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Jonathan Mitchell Mon, 17 Feb 2025
Contact the Writer: jmitchell@nbr.co.nz
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Key points
  • Revenue: up 6.7% to $662.1m
  • Profit: up 9.5% to $44.7m
  • Main takeaway: Solid result helped by competitive players: NZ Couriers, Post Haste, and Allied Express. 
Company profile
Powered by:
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Freightways fields flurry of M&A calls in past year
Investment,
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