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Move Logistics navigates hurdles with new acquisition

Company reset complete as it eyes fresh growth with Fluidex Transport acquisition.

Move Logistics executive director Chris Dunphy.

Dual-listed Move Logistics has bought a new transport company to help put it on a better road to growth.

The company’s loss in the year ended June was $4.2 million and included costs of $3.4m to reset the company.

Revenue was $349.1m, while underlying ebitda was in line with guidance at $54.3m.

The

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Jonathan Mitchell Thu, 25 Aug 2022
Contact the Writer: jmitchell@nbr.co.nz
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Move Logistics navigates hurdles with new acquisition
Investment,
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