Edition:
United States

Mainfreight Ltd (MFT.NZ)

MFT.NZ on New Zealand Stock Exchange

25.45NZD
19 Oct 2017
Change (% chg)

$-0.03 (-0.12%)
Prev Close
$25.48
Open
$25.44
Day's High
$25.48
Day's Low
$25.43
Volume
19,325
Avg. Vol
53,070
52-wk High
$25.77
52-wk Low
$18.01

Latest Key Developments (Source: Significant Developments)

Mainfreight responds to MBIE published stand-down list
Thursday, 6 Jul 2017 09:19pm EDT 

July 7 (Reuters) - Mainfreight Ltd -:Immigration minister revealed that 53 employers have been stood down from recruiting migrant workers; mainfreight is included on the list​.Co's name appears due to compliance audit which identified three of co's employees did not have written employment agreements on file.  Full Article

Mainfreight posts FY net profit after tax and before abnormal items of NZ$103.16 mln
Monday, 29 May 2017 04:30pm EDT 

May 30 (Reuters) - Mainfreight Ltd :Full year net profit after tax and before abnormal items was nz$103.16 million, an increase of 17.0 pct.FY sales revenue up 2.1 pct to NZ$$2.33 billion."We expect european sales and profit improvements to continue into new financial year".Directors have approved a final dividend of 24.0 cents per share fully.  Full Article

Mainfreight Ltd says hy total revenue increased 2.5% to nz$1.14 billion
Tuesday, 8 Nov 2016 02:31pm EST 

Mainfreight Ltd : Hy total revenue (sales) increased 2.5% over the same period last year, to nz$1.14 billion . Hy ebitda improved 20.6% to nz$86.35 million . Hy net profit (before abnormals) improved accordingly, up nz$9.18 million to nz$42.33 million . "Expected that pre-christmas volumes will be at record levels for the business" . "Trading in october remains in line with the current financial improvements and we expect this to continue for the remainder of the year" . The directors of mainfreight have approved an interim dividend of 17.0 cents per share ."Expectation that current momentum will be continued, giving us confidence that we will deliver an improved full year 2017 result".  Full Article

Mainfreight says HY net profit estimate in range of NZ$41 mln ‐ NZ$43 mln
Tuesday, 11 Oct 2016 09:23pm EDT 

Mainfreight Ltd : HY net profit estimate in range of NZ$41 mln ‐ NZ$43 mln .Estimates HY to 30 September revenue NZ$1.15 bln ‐ NZ$1.17 bln versus NZ$1.11 bln last year.  Full Article

Mainfreight Ltd says full year net profit after tax $88.18 mln up 5.6 pct
Wednesday, 25 May 2016 04:33pm EDT 

Mainfreight Ltd : Says full year net profit after tax and before abnormal items was $88.18 million; an increase of 5.6% . Says sales revenue for the year increased; up 11.2% to $2.28 billion . Says the directors have approved a final dividend of 23.0 cents per share . All figures in nz$ .  Full Article