close
MENU
Hot Topic EARNINGS
Hot Topic EARNINGS
Investment
3 mins to read

Freightways fields flurry of M&A calls in past year

Listed transport company reports solid revenue and profit growth in half year.

The company’s express package division made gains with market share and pricing.

Key points
  • Revenue: up 6.7% to $662.1m
  • Profit: up 9.5% to $44.7m
  • Main takeaway: Solid result helped by competitive players: NZ Couriers, Post Haste, and Allied Express. 

Listed transport company Freightways has fielded a flurry of calls about mergers and acquisitions in the past year amid a tough economy.

The company today reported half year revenue and profit growth in the six months ended December. Its revenue rose 6.7% to $662.1 million, while net profit gained

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).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Smartphone Only Annual Subscription

NZ$249.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Mon, 17 Feb 2025
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: up 6.7% to $662.1m
  • Profit: up 9.5% to $44.7m
  • Main takeaway: Solid result helped by competitive players: NZ Couriers, Post Haste, and Allied Express. 
Company profile
Powered by:
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Freightways fields flurry of M&A calls in past year
Investment,
107829
true