Troughear bullish on 2025 economic momentum
Jarden analyst Grant Lowe describes Freightways’ result as ‘good in a tough environment’, with capacity the key factor to restore margins.
WATCH: Freightways CEO Mark Troughear speaks with Jonathan Mitchell.
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Management at listed transport company Freightways are bullish about an economic turnaround next year to improve the company’s volumes and performance on both sides of the Tasman.
Its net profit in the year ended June 30 was $70.9 million, down from $75.3m last year. Revenue was up nearly 8% to
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