Australia standout in Mainfreight’s 'satisfactory' result

Mainfreight's Don Braid said the New Zealand economy is "tough work". (Image: Getty)

Thu, 29 May 2025

Mainfreight has skewed investment toward its Australian division, which was a bright spot in a "satisfactory" year for the company.Mainfreight said profit before tax declined 3% to $383.6 million in the 12 months to March 31. The profit before tax was $395.34m the year prior."This is a satisfactory result, assisted by a pleasing performance from our Australian operations, which has become our largest revenue and profit contributor," the company said.On May 2, it told the market that the profit before tax would be a...

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