Freightways has today announced one-off costs of up to $4.5m for the financial year to 30 June 2023, as well as an increase in amortisation costs due to recent acquisitions, in preparation for potential growth and a potential dual listing on the ASX.
Trading conditions since the announcement of the half year result have remained steady compared to the same period last year, however the company is mindful of any potential slowdowns in business and consumer activity.
The board of Freightways has also resolved to suspend the application of the dividend reinvestment plan in respect of the upcoming interim dividend payment.
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