Main takeaway: Strong contribution from Allied Express helps to lift revenue at now dual-listed transport company in the six months ended December 31. CEO Mark Troughear tells NBR inflation heading south and labour market pressures easing.
Dual-listed transport and logistics company Freightways says some economic pinch-points have started to ease thanks to the open borders, while its Australia-based Allied Express was delivering the financial goods.
Its revenue in the six months ended December 31 rose 12% to $620.7 million, driven by
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Key points
Net profit: Down 9.5% to $40.9m.
Revenue:Up 12% to $620.7m.
Main takeaway: Strong contribution from Allied Express helps to lift revenue at now dual-listed transport company in the six months ended December 31. CEO Mark Troughear tells NBR inflation heading south and labour market pressures easing.
