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Freightways seeks to join ASX, reports 29 percent revenue increase

Author
Newstalk ZB,
Publish Date
Mon, 21 Aug 2023, 7:32PM
Photo / Supplied
Photo / Supplied

Freightways seeks to join ASX, reports 29 percent revenue increase

Author
Newstalk ZB,
Publish Date
Mon, 21 Aug 2023, 7:32PM

Freightways have their sights set on a listing across the ditch, following a solid performance led by the Allied Express acquisition. 

The company today posted a 29 percent revenue lift since the expansion- profit rose to $1.12 billion in the year to the end of June.

Chief Executive Mark Troughear says the Australian market presents 'massive' expansion opportunities for the future.

"The market share opportunities are massive, they're a good operator, they're in a good niche, and it's a very big market for us."

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