Subscribe to RSS feedFreightways cautious despite bullish result
by
Rob McKay
—
last modified
Oct 30, 2009 10:43 AM
New Zealand express logistics firm Freightways has ridden out the Australasian economic downturn in some style, chairman Wayne Boyd told the company's annual meeting yesterday.
Net earnings after tax were NZ$34.6m ($27.6m) last financial year, a rise of 7%, while its NZ share price rose 10%.
One of the highlights of a difficult year had been expanding its information management operation throughout Australia.
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