Mainfreight reports 'slow and disappointing' start to 2026 as pre-tax profits fall in opening months

Mainfreight reported before-tax profit of $383.6 million for the year to March 2025, with Australia its standout market. (Image: Supplied)

Staff reporters

Wed, 30 Jul 2025

Mainfreight has reported a slow and disappointing start to the year, with profits down across its three main divisions.The NZX-listed freight and logistics company held its annual general meeting on Wednesday, with chair Bruce Plested using his address to contrast the economic performance of New Zealand and the Netherlands.“New Zealand and Mainfreight must have much bigger ambitions for our business and our country,” he said, after reflecting on his trip with the NZ Initiative to the European country, including observations about cy...

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