Freightways has reported positive revenue and earnings growth for the first half of the 2025 financial year, despite challenging market conditions.
The company's total revenue was up 6.7% compared to the same period last year, while ebitda increased by 6.5% and net profit after tax rose by 9.5%.
In New Zealand, declining same-customer volumes in the express courier and temperature-controlled businesses were offset by pricing improvements and market share gains.
The Express Package and Business Mail division achieved 5.8% revenue growth and 12% ebitda growth.
The Information Management and Waste Renewal division recorded a 11.3% increase in revenue but flat earnings due to a one-off workers' compensation back-payment.
Freightways declared an interim dividend of 19 cents per share, up 6% from the previous year.
The company remains cautious about a rapid recovery in New Zealand, while the Australian economy is slightly more buoyant.
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