ID 11168148 © Andrew Emptage |

Waiting for the full picture taken from Toll Group’s annuals soon-to-be lodged with the Australian Securities & Investments Commission (ASIC), we had a glimpse of neatish financials for the once-thriving Australian 3PL in the fiscal year-end numbers released this week by its parent company, Japan Post.

Quick take today: the previous narrative from mid-February – here: ’Dismal in forwarding, barely adequate in logistics’ – was broadly validated, although, based on scant P&L disclosure, notably the fall in annual Ebit was contained ...

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