Freightways upgraded to outperform: Forsyth Barr
Solid result sends Freightways from neutral to outperform.
Now Couriers part of the Freightways empire.
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Forsyth Barr analysts have upgraded Freightways to outperform because of recent share price weakness and a solid full-year result.
On Monday, the freight and logistics company reported a 46% rise in net profit to $70.2m in the year ended June, while its revenue rose 9% to $873.1m, when compared with
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