Latest Freightways (Asx:Frw) News

Freightways Group Limited is set to acquire VT Freight Express for A$71 million, marking a strategic expansion into Australia's B2B express delivery market. The acquisition is expected to boost earnings and complement Freightways’ existing B2C operations.

Freightways has reported solid financial results for FY25 with revenue up 6.6% and net profit rising nearly 13%, alongside an 8% dividend increase. The company’s robust Q1 FY26 trading update highlights continued momentum driven by market share gains and operational efficiencies.

Freightways Group Limited delivered a resilient FY25 performance with revenue up 6.6% to NZD 1.29 billion and net profit after tax rising 12.9%, supported by strong growth in Australia and strategic investments in automation and 3PL services.

Freightways Group Limited has announced an ordinary dividend of NZD 0.22352941 per share for the six months ending December 31, 2024, payable on April 1, 2025. The dividend is fully unfranked and reflects the company’s ongoing cash flow strength.

Freightways Group Limited reported solid HY25 results with a 6.7% revenue increase and 9.5% rise in net profit despite ongoing economic headwinds in New Zealand. The company’s strategic investments in automation and market share gains underpin its cautious optimism for FY25.