Half Year Results to 31 December 2021 and Interim Dividend

Freightways Limited, a leading transport and logistics company in Australasia, reported a successful first half of FY22, with revenue and EBITA growth of 7.7% and 5.6%, respectively, driven by strong express package and medical waste volumes.

During the half year, Freightways announced the acquisition of ProducePronto and a $2.7 million investment in SaveBoard.

The Board declared an interim dividend of 18 cents for the first half of the year.

Mark Verbiest, Chair of the Board of Directors, announced his retirement from the Board with effect from 31 March 2022, and Mark Cairns and David Gibson were appointed to the Board of Directors.

Despite the economic climate remaining uncertain, Freightways remains committed to targeting revenue and earnings growth in FY22.