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Mainfreight Financial Results for the six months ended 30 September 2014

Posted on 11 November 2014
Mainfreight Financial Results for the six months ended 30 September 2014

Mainfreight is pleased to report our six monthly results to 30 September 2014.

Net profit before abnormals and foreign exchange movements increased 16.7% and EDITDA improved 13.1% over the same period. All five regional divisions contributed positively to EBITDA for the half year.

Our capital investment in Australia and New Zealand will continue to add high quality logistics capability and expanded services for our customers enabling us to increase market share.

An interim dividend of 14.0 cents per share has been approved by the Directors, an increase of 1 cent on last year’s interim dividend.

Expectations for our sales revenues to exceed $2 billion for the 2015 financial year remain high.

Mainfreight will release its financial results for the full 2015 financial year to the market on 27 May 2015.

Mainfreight shares are traded on the NZX