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Freightways Ltd (FRE.NZ)

FRE.NZ on New Zealand Stock Exchange

20 Sep 2017
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$-0.04 (-0.52%)
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Latest Key Developments (Source: Significant Developments)

Freightways announces appointment of Mark Troughear as CEO
Thursday, 31 Aug 2017 05:20pm EDT 

Sept 1 (Reuters) - Freightways Ltd :Departure of Dean Bracewell and appointment of new CEO.Appointment of Mark Troughear as CEO.  Full Article

Freightways Ltd acquires medical waste company
Wednesday, 16 Aug 2017 06:13pm EDT 

Aug 17 (Reuters) - Freightways Ltd :Acquires medical waste company.‍Acquisition is expected to be immediately EPS positive​.Purchase price for SWS includes initial payment of A$6 million and potential maximum earn-out payment of A$4 million.  Full Article

Freightways says capex for full year is expected to be about NZ$24 million
Sunday, 19 Feb 2017 03:51pm EST 

Freightways Ltd : Directors have declared an interim dividend of 13 cents per share . Capital expenditure for full year is expected to be approximately $24 million . "Overall cash flows are expected to remain strong for remainder of 2017 financial year" . Volumes and activity evidenced in this first half result support freightways' expectations of again improving its overall year-on-year performance . "Expectations are for improved performance from litsupport in second half of financial year" . Hy net profit attributable to shareholders nz$34 million up 22% . "Markets in which freightways operates in both new zealand and australia remain positive" . Hy operating revenue $272.8 million, up 7 percent .All figures in NZ$.  Full Article

Freightways reports FY net profit NZ$49.8 mln, up 14 percent
Sunday, 14 Aug 2016 05:59pm EDT 

Freightways Ltd : Says FY net profit attributable to ordinary shareholders nz$49.8 mln, up 14 percent . Says directors have declared a final dividend of 14.5 cents per share . "capital expenditure for the year ahead is expected to be approximately $23 million" . "overall cash flows are expected to remain strong throughout the 2017 financial year" . Says fy operating revenue $505.4 mln vs $479.5 mln .All figures in NZ$.  Full Article