Move Logistics reports 68% loss improvement

Thu, 30 Oct 2025

Transport and logistics group, Move Logistics, has reported a 68% improvement in normalised ebt loss for the first quarter of the 2025 financial year.

The company's warehousing business, however, continues to face challenges.

Move's chief executive, Paul Millward, expressed optimism about the company's positive momentum, citing new customer wins and improving financial performance.

He said Move is now focused on value creation and is on track to return to positive normalised ebt in the 2025 financial year.

The company's annual shareholders' meeting is being held today in Auckland.

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