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MFT - Mainfreight profile

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


NZX code: MFT
Short name: Mainfreight
Legal name: Mainfreight Limited
Industry sector: Infrastructure and transport
NZX50 rank: 5 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

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Financial statement history

A. Recent trading and performance summary:

NPAT Earnings
per share
fye March bln mln cents
2017 $2.334 $102 101.1
2018 $2.617 $108 106.9
2019 $2.954 $138 136.7
2020 $3.095 $159 158.1
2021 $3.544 $188 186.8

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B. Recent financial position summary:

fye March bln bln %
2017 $1.28 $0.64 50.0
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

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C. Recent cash flows and positions:

Cash and equiv. 
at year end
fye March mln mln mln
2017 $131.2 $147.2 $74.4
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

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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.

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CEO profile

Don Braid studied at Timaru Boys' high school and has more than 30 years experience in the freight forwarding and logistics sector in both New Zealand and internationally. He began his career with Daily Freightways in 1978 and later went on to hold various senior management roles at Mainfreight in 1994 onwards.

Chairman profile

Bruce Plested is the chairman and founder of Mainfreight Limited, starting Mainfreight in 1978.


Company website:
Investor information:
NZX listing:
Annual reports:

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