Analyst corner – in a safe pair of hands with Mainfreight?
Let’s give it a go
XPO: MEXICAN WAVEXPO: TALKING TURKEYDSV: SCHENKER BOOST ERODINGPLD: EARNINGS DAY JBHT: IN PRIOR CYCLES JBHT: CONF CALL QUESTION TIMEJBHT: BNSF LOGISTICS INTEGRATION JBHT: INTERMODAL 'SEASONALITY' JBHT: PRESSURE ON SALES JBHT: CEO SIMPSON REMARKSJBHT: CONF CALL WITH SELL-SIDE STARTINGJBHT: HERE COMES THE PAINJBHT: EARNINGS DAYGXO: WINCANTON LOSSESR: ALL RISE
XPO: MEXICAN WAVEXPO: TALKING TURKEYDSV: SCHENKER BOOST ERODINGPLD: EARNINGS DAY JBHT: IN PRIOR CYCLES JBHT: CONF CALL QUESTION TIMEJBHT: BNSF LOGISTICS INTEGRATION JBHT: INTERMODAL 'SEASONALITY' JBHT: PRESSURE ON SALES JBHT: CEO SIMPSON REMARKSJBHT: CONF CALL WITH SELL-SIDE STARTINGJBHT: HERE COMES THE PAINJBHT: EARNINGS DAYGXO: WINCANTON LOSSESR: ALL RISE
MARKETWATCH reports:
Mainfreight Ltd. said it expects growth in revenue and earnings to revert to normal levels after global supply-chain congestion helped to nearly double its full-year profit.
The company on Thursday reported net profit of 355.4 million New Zealand dollars ($230.3 million) for the financial year ended March 31, up 89% from the year before, helped by increased air and ocean freight rates.
“We do not expect the quantum of profit improvement of this past year to reoccur in the short term,” Mainfreight said. “Rather we anticipate we will revert to our normal levels of revenue and profit growth.”
Now read this: “Mainfreight revenue passes NZ$5 billion, delivers record profit“.
All you need to know about its performance can be found here.
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