Freightways have reported a successful half year result with pleasing top-line revenue growth of 25% and NPAT growth of 3.5%, despite higher interest rates, slower growth and higher labour costs.
Express Package and Business Mail saw an increase of 28% in revenue compared to the prior period, while Information Management and Waste Renewal saw a 15% increase.
The directors have declared an interim dividend of 18 cents per share, fully imputed at a tax rate of 28%, and the company will continue to consider acquisition opportunities that are complementary to their existing operations.
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