Main takeaway: Mainfreight expects its New Zealand and Australian businesses to perform better in the second half, while the Americas ‘will take time’ as it builds market share.
Mainfreight managing director Don Braid says Trump tariff confusion is reducing around the world, which gives the transport heavyweight confidence its own performance will improve into next year.
The listed company’s net profit in the six months ended September 30 was $93.4 million, down 18.5% on
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Key points
Revenue: up 2.1% to $2.61b
Profit: down 18.5% to $93.4m
Main takeaway: Mainfreight expects its New Zealand and Australian businesses to perform better in the second half, while the Americas ‘will take time’ as it builds market share.
