MOVE Logistics Group Limited has announced a trading update for the first quarter of the FY23 financial year and guidance for the full year.

The company expects underlying EBITDA from continuing operations to improve from last year's $54.3m.

Their focus remains on strengthening the core business, with increasing benefits expected from FY24 onwards.

They are investing in digital transformation, which will drive operational leverage, reduce the cost to serve and enhance the customer experience.

They are also focused on driving efficiency and improving gross margins.

Executive Director, Chris Dunphy, said they are making good progress on their improvement targets and are encouraged by the momentum over the last year.

See more