Mainfreight

Mainfreight is the largest logistics company listed on the NZX with a market capitalisation of $5 billion in 2020. The company specialises in freight forwarding, distribution, managed warehousing and other niche services like hazardous substance transportation.

The company was founded in New Zealand in 1978 and used a series of acquisitions to fuel an international growth strategy. Now with over 8,000 employees and 282 branches in 26 countries, Mainfreight has an extensive presence in the global supply chain. The company is led by founder Bruce Plested and managing director Don Braid.

Company Details

Registered Office: 2 Railway Lane, Otahuhu, Auckland 1062

Postal Address: PO Box 14038, Panmure, Auckland 1741

Telephone: +64 9 259 5500

Facsimile: +64 9 270 7402

Website: http://www.mainfreight.com/

First Listed: 14/06/1996

Balance Date: 31 March

AGM: 25/07/2024

Directors and Executives

Don Braid

Managing Director

Simon Cotter

Independent Director

Bryan Mogridge

Independent Director

Catherine Parsons

Independent Non-Executive Director

Bruce G Plested

Chairman

Richard Prebble

Independent Director

Tim Williams

CFO / Company Secretary

Announcements

Title	Date	Type
Buckley Initial Director Disclosure	Fri, Mar 01 2024 08:30 am	SHINTR
Steel Initial Director Disclosure	Fri, Mar 01 2024 08:30 am	SHINTR
Mainfreight to Appoint New Directors	Fri, Jan 26 2024 09:27 am	ADMIN
Mainfreight - Team Newsletter December 2023	Thu, Dec 14 2023 08:30 am	GENERAL
Fitts Officer Disclosure November 2023	Tue, Nov 14 2023 10:14 am	SHINTR
Mainfreight - Chief Financial Officer Retirement	Thu, Nov 09 2023 08:30 am	GENERAL
Mainfreight Half Year Financial Results 30 September 2023	Thu, Nov 09 2023 08:30 am	HALFYR
Mainfreight - Climate Risks Report 2023	Tue, Oct 10 2023 12:08 pm	GENERAL
SPH Notice - Fisher Funds Management Limited	Wed, Sep 06 2023 05:10 pm	SHINTR
Braid Director Disclosure 31 July 2023	Mon, Jul 31 2023 11:00 am	SHINTR

Major Holdings Announcements

Date	Name	No. Held	%	Current
06/09/23	Fisher Funds Management Limited	4,867,474	4.95	4.83
07/12/22	Fisher Funds Management Limited and	5,060,086	-	5.03
22/09/21	Harbour Asset Management Limited, J	4,980,567	5.57	4.95
10/06/21	Bruce Plested, Carl Howard-Smith an	14,933,062	-	14.83
27/06/19	Jarden Partners Limited	4,904,311	-	4.87
10/05/17	Harbour Asset Management Limited	5,056,395	4.98	5.02
07/06/16	Accident Compensation Corporation	4,980,334	5.93	4.96
07/06/16	Harbour Asset Management & Jarden P	5,018,028	5.01	5.00

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
31/07/23	Don Braid	2,919,591	-	-	-
21/12/22	Bruce Plested	14,927,062	-	-	-
17/03/22	Kate Parsons	1,015	-	-	-
09/06/21	Carl Howard-Smith	86,000	-	-	-
15/06/20	Simon Cotter	80,000	-	-	-
19/11/18	Tim Williams	215,000	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	279.1	277.1	172.0	4,675.8	415.4	682.0
high	279.1	277.1	172.0	4,675.8	415.4	682.0
low	279.1	277.1	172.0	4,675.8	415.4	682.0
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 15/12/2023