Comment / Ladies and gents – it's dismal Toll all over again

ID 1558579 © Niderlander | Dreamstime.com

Waiting for the full details of the annual financial performance* of Australia’s Toll Group, it was its parent company, Japan Post, providing some insight today on transport and logistics (T&L) in its fiscal 2023 results to 31 March.

(*Those numbers, including balance sheet, P&L and cash flow statements have not been lodged yet with ASIC but will provide a clue about how strained Toll actually is.)

The classic ’don’t hold your your breath’ applies.

At a glance, based on available data, the international ...