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Mainfreight after Plested and Braid

Brian Gaynor
Thu, 12 Aug 2021

Mainfreight’s value has soared from $100 million to more than $8.5 billion. (Image: Supplied)
Brian Gaynor
Thu, 12 Aug 2021
Bruce Plested’s original objective was to make Mainfreight a “100 year company” and he is well on his way to achieving this goal.The transport company, which is now in its 44th year, has been an amazing success story with its net profit surging from $4.8 million to $188.1m since its stock exchange listing in June 1996 and its market value soaring from just $58m to $8.5 billion. But time stands still for no one and the big question is who will replace the dynamic duo of chairman Plested and managing director Don Braid when...

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