Comment / Against the odds: Toll Group's turnaround not quite a jolter...yet

To have the strength, once again, to cover what was disclosed in Japan Post’s interims yesterday for its logistics arm Toll Group takes little effort.

And great imagination for what could be next.

There’s no denying that the pandemic, alongside portfolio rationalisation thanks to the sale of the express unit, served the purpose of re-aligning the Melbourne-based business to basics, in pure economic terms.

But while the financial improvement was noticeable, Japan Post’s debt-laden subsidiary – we need to wait a couple of ...