This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Mainfreight Limited
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| NZX code: | MFT |
| Short name: | Mainfreight |
| Legal name: | Mainfreight Limited |
| Industry sector: | Infrastructure and transport |
| NZX50 rank: | 7 of 50 |
| Head office address: | 2 Railway Lane, Otahuhu, 1062 |
| Chairman: | Bruce Plested |
| Chief executive: | Don Braid |
| Financial year ended: | March |
| Locations: | NZ, Australia, China, Europe, America |
| Auditor: | EY |
| Bankers: | Westpac, CBA, HSBC, Bank of Tokyo-Mitsubishi UFJ, Bank of China, ING Belgium |
Mainfreight
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Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye March | bln | mln | cents |
| 2018 | $2.617 | $108 | 106.9 |
| 2019 | $2.954 | $138 | 136.7 |
| 2020 | $3.095 | $159 | 158.1 |
| 2021 | $3.544 | $188 | 186.8 |
| 2022 | $5.218 | $355 | 352.9 |
| 2023 | $5.675 | $426 | 423.5 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye March | bln | bln | % |
| 2018 | $1.38 | $0.67 | 51.4 |
| 2019 | $1.50 | $0.66 | 56.0 |
| 2020 | $2.30 | $1.34 | 41.7 |
| 2021 | $2.49 | $1.37 | 45.0 |
| 2022 | $3.03 | $1.60 | 47.2 |
| 2023 | $3.44 | $1.72 | 50.0 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye March | mln | mln | mln |
| 2018 | $140.2 | $134.5 | $80.5 |
| 2019 | $197.4 | $163.9 | $115.2 |
| 2020 | $300.8 | $307.0 | $116.1 |
| 2021 | $376.3 | $346.1 | $140.0 |
| 2022 | $503.8 | $439.0 | $202.3 |
| 2023 | $757.2 | $633.3 | $342.0 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend yield |
|
| fye March | cents | annual avg | dollars | annual avg % |
| 2018 | 106.9 | 23.0 | 4.81 | 1.83 |
| 2019 | 136.7 | 26.2 | 6.15 | 1.56 |
| 2020 | 158.1 | 21.9 | 7.30 | 1.71 |
| 2021 | 186.8 | 37.2 | 8.33 | 1.08 |
| 2022 | 352.9 | 23.7 | 11.46 | 1.04 |
| 2023 | 423.5 | 15.8 | 14.23 | 3.55 |
Description of trading activities
Mainfreight Limited is a listed-New Zealand logistics and transport company headquartered in Auckland. Mainfreight commenced operations in Auckland in 1978 and is one of the largest freight companies in New Zealand.
CEO profile
Don Braid joined Daily Freightways in 1978, gaining ground and understanding of business through experience. In 1994, Mainfreight purchased the business, and Don went on to hold various senior management roles at Mainfreight prior to his appointment as managing director in 2000. Braid has led Mainfreight to highly successful growth and expansion with now operation in over 26 different countries, and $3+ billion dollars in revenue.
Chairman profile
Bruce Plested is the chairman and founder of Mainfreight Limited, starting Mainfreight in 1978.
Links:
| Company website: | https://www.mainfreight.com/global/en-nz |
| Investor information: | https://www.mainfreight.com/global/en-nz/investor/investor-centre |
| NZX listing: | https://www.nzx.com/companies/MFT |
| Annual reports: | https://www.mainfreight.com/global/en-nz/investor/reports-library |