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
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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
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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
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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.

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