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Hot Topic Earnings
Hot Topic Earnings
Investment
2 mins to read

Move CEO promises a profit in FY26

Listed transport company hopes improving economy will support growth but has not given any formal profit guidance.

Chief executive Paul Millward.

Key points
  • Revenue: down 2.6% to $286.3m
  • Loss: narrowed 67% to $15.6m
  • Main takeaway: Loss narrowed as weak economy dragged on longer than expected. Return to profit forecast for the 2026 financial year.

Listed transport company Move Logistics is targeting a return to profit in the current financial year, as it completes its turnaround strategy and expects margins to grow in a recovering economy.

Move narrowed its full-year loss and maintained steady revenue in the year ended June 30. Revenue fell

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Jonathan Mitchell Fri, 29 Aug 2025
Contact the Writer: jmitchell@nbr.co.nz
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Key points
  • Revenue: down 2.6% to $286.3m
  • Loss: narrowed 67% to $15.6m
  • Main takeaway: Loss narrowed as weak economy dragged on longer than expected. Return to profit forecast for the 2026 financial year.
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