MOVE Logistics Group - 1H23 Results

MOVE Logistics Group Limited has released its unaudited result for the six months ended 31 December 2022 (1H23), revealing solid contributions from the Contract Logistics and International businesses, offset by a disappointing result from the Freight business.

Revenue for the six months was $169.5m, down 4% from the prior period and resulting in a normalised EBITDA of $21.9m, including $1.6m invested in growth strategies.

The company has welcomed new CEO Craig Evans, who will lead the execution of MOVE’s strategy across the group and focus on cost control, customer service, innovation and inclusivity.