Freightways cautiously optimistic about coming year after modest profit gain

Sun, 12 Aug 2018

By Rebecca Howard Aug. 13 (BusinessDesk) - Courier and information management company Freightways lifted annual profit and is targeting further earnings growth in the current financial year despite an "apparent" decline in national business confidence. Freightways, which delivers some 50 million items annually through brands including New Zealand Couriers and Post Haste Couriers, reported a 2.1 percent lift in net profit to $62.2 million in the year to June 30. Basic earnings per share, before non-recurring items, lifted to 38.4 cents pe...

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