- 29 May 2024
Mainfreight Financial Result for the twelve months ended 31 March 2024
Mainfreight have provided you with a copy of its financial statement to 31 March 2024 and additional related documents as released to the market via NZX.
Our headline results are as follows:
- Total Revenue $4.72billion, down 17%
- Profit before tax $395.4 million, down 33%
- Net profit $277.9 million, down 35%
This result is in line with our expectations as freight volumes and international sea and air freight rates normalise from the peaks experienced during 2022/2023. We are satisfied with the momentum and progress in New Zealand and Australia, but remain disappointed with our performances in Asia, USA and Europe, where our market share remains small.
![F24 Full Year Results Presentation - Mar 2024](/getmedia/217f8c8b-9df6-452f-a942-3e9c8602b51b/download-pdf.webp?width=50&height=50&ext=.webp)
F24 Full Year Results Presentation - Mar 2024
Presentation of Mainfreight Limited's Full Year Results Presentation to March 2024
![Mainfreight Results for Twelve Months to 31 March 2024](/getmedia/217f8c8b-9df6-452f-a942-3e9c8602b51b/download-pdf.webp?width=50&height=50&ext=.webp)
Mainfreight Results for Twelve Months to 31 March 2024
Mainfreight provides management commentary for the 2023-2024 financial year.
![Mainfreight Financial Statement for Twelve Month to 31 March 2024](/getmedia/217f8c8b-9df6-452f-a942-3e9c8602b51b/download-pdf.webp?width=50&height=50&ext=.webp)
Mainfreight Financial Statement for Twelve Month to 31 March 2024
Mainfreight provides you with our financial statements for the 2023-2024 financial year as released to the market.