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Mainfreight Financial Result for Three Months to June 2011

Posted on 11 August 2011

The Mainfreight Group is pleased to report a net surplus after taxation and abnormals of $14.22 million for the first three months of the 2012 financial year; an increase of 109% on the previous year's result of $6.82 million (excluding abnormals the increase was 115%). Abnormals totalled just $0.43 million after tax and related to transaction costs for the Wim Bosman acquisition.

EBITDA performance reached record levels for a first quarter result, reaching $32.13 million up from $15.52 million for the same period a year ago.