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Freightways

Directory

NZX code:
FRW
Short name:
Freightways
Legal name:
Freightways Limited
Industry sector: Freight
NZX50 rank: [no data]
Head office:
2nd Floor, Freightways House, 32 Botha Road, Penrose, Auckland
Chairman:
Mark Cairns
Chief executive:
Mark Troughear
Financial year ended:
June
Locations: NZ, Australia
Auditor:
EY
Bankers:
[not revealed]

Freightways

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Financial Data

A. Recent trading and performance summary

Total revenue NPAT Earnings per share
mln mln cents
2018 581 62 40
2019 616 63 41
2020 631 47 30
2021 801 50 29
2022 873 70 42
2023 1022 75 43
2024 1209 71 40
2025 1289 80 45

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B. Recent financial position summary

Total assets Total Liabilities Equity ratio
bln bln %
2018 0.6 300 46
2019 0.6 310 47
2020 1.1 730 31
2021 1.0 700 33
2022 1.1 730 33
2023 1.4 900 34
2024 1.4 901 35
2025 1.4 881 36

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C. Recent cash flows and positions

Cash inflows Cash outflows Cash and equiv. at year end
mln mln mln
2018 76 77 7
2019 76 67 16
2020 127 127 17
2021 135 132 20
2022 124 120 24
2023 156 185 45
2024 157 31 36
2025 174 163 43

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D. Recent key ratio analysis

Earnings per share Price:Earnings ratio NTA/share Dividend yield
cents annual avg dollars annual avg %
2018 40 20 -1 4
2019 41 21 -1 4
2020 30 24 -1 2
2021 29 42 -1 3
2022 42 22 -1 4
2023 43 20 -1 6
2024 39 23 -1 6
2025 24 36 2 1

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Description of trading activities

Freightways is primarily an express package and business mail service provider. They have recently successfully expanded into information management, building digital and physical brands in Australia and New Zealand.

CEO profile

Mark Troughear was appointed the CEO of Freightways on January 1st, 2018. He joined Freightways in 1996 and has responsibilities in the information management division. Troughear has a business degree with a major in marketing. Troughear's experience spans; sales management, brand development, managing operational units, mergers and acquisitions, developing emerging businesses, and corporate oversight.

Chairman profile

Mark Cairns was appointed as a Director of FRW in April 2021. Cairs was the Chief Executive of Port of Tauranga, New Zealand's largest and most successful port. Cairns was also recently Chief Executive of Toll Owens Limited and Owens Cargo Company Limited. Cairns is a Director of Auckland International Airport Ltd, and Meridian Energy Ltd.