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MOVE Logistics Nears Profitability with Strong 1H26 Turnaround Progress
7:40am on Friday 27th of February, 2026 AEDT
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MOVE Logistics Nears Profitability with Strong 1H26 Turnaround Progress
7:40am on Friday 27th of February, 2026 AEDT
Key Points
Revenue declined 5% to $143.7 million amid weak market demand
Normalised earnings before tax improved 98% year-on-year to near breakeven
Net loss after tax narrowed by $8 million to $0.9 million
Net debt reduced by $6.2 million to $12.8 million
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MOVE LOGISTICS (ASX:MOV)
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