Freightways' Troughear says new medical waste unit got $1M of sales in first 4 months

Mon, 19 Feb 2018

By Jonathan Underhill Feb. 19 (BusinessDesk) - Freightways' new chief executive Mark Troughear says the medical waste business acquired in the first half is on budget and has demonstrated the synergies expected with the existing document destruction unit. Information management (IM), the Freightways division that expanded into medical waste in the first half, recorded stronger earnings growth than the larger express package & business mail (EP&BM) division. Earnings before interest and amortisation (ebita) at IM rose 9.2 percent to $14.6...

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