Move Logistics expects 2023 financial year Ebitda to be ahead of last year's

Thu, 20 Oct 2022

Move Logistics Group said it expects its underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) to be ahead of last year’s $54.3 million as it sees the benefits from its transformation.The dual-listed transport company provided guidance to the market this morning for this financial year, ahead of its annual meeting in Auckland this afternoon.Despite the business still facing cost inflation and supply-chain disruptions, it said the transformation – including a reduction from five divisions to two, pivoting...

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