Annual Shareholders Meeting - including trading update

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Stock Freightways Group Ltd (FRW.ASX)
Release Time 30 Oct 2025, 7:50 a.m.
Price Sensitive Yes
 Annual Shareholders Meeting - including trading update
Key Points
  • Delivered 6.6% revenue increase and 12.9% profit increase in FY25
  • Strong balance sheet and reducing gearing supporting 8% dividend increase
  • Q1 FY26 trading update shows continued revenue and earnings growth
  • Focused on restoring margins in FY26 through efficiency and pricing initiatives
Full Summary

Freightways Group Ltd held its Annual Shareholders Meeting on 30 October 2025, providing an overview of the company's FY25 performance and a Q1 FY26 trading update. The company reported a 6.6% increase in revenue to $1.3 billion and a 12.9% increase in NPAT to $80.1 million for FY25. This was driven by a strong performance in Australia and continued leverage of superior service delivery in New Zealand. Freightways' balance sheet remained strong, with gearing reducing and supporting an 8% increase in the dividend to 40 cents per share.The Q1 FY26 trading update showed an 8.6% increase in revenue and a 22.5% increase in NPAT compared to the prior corresponding period. This was led by a strong performance in the Express Package & Business Mail division, with effective cost control and pricing increases generally offsetting inflation. Looking ahead, the company noted that the slow improvement in New Zealand volumes has continued, and any positive economic momentum, along with efficiency and pricing initiatives, would assist to expand margins in FY26. Freightways remains focused on demonstrating and continuing to improve its service quality to attract and retain new customers across its niche-facing brands. The company also outlined its Transition Plan focus areas around reducing emissions, responding to climate-related risks and opportunities, and contributing to an economy-wide transition.The Chairman and CEO provided updates on the company's strategic initiatives across its Express Package, Temperature Controlled, Information Management and Waste Renewal divisions, highlighting organic and inorganic growth opportunities being pursued.

Guidance

For Q1 FY26, Freightways reported an 8.6% increase in revenue to $347.1 million and a 22.5% increase in NPAT to $23.4 million compared to the prior corresponding period.

Outlook

Freightways is focused on restoring margins in FY26 through efficiency and pricing initiatives. The company noted that any positive economic momentum in New Zealand, along with its initiatives, would assist in expanding margins in the year ahead. Freightways continues to pursue a range of organic and inorganic growth opportunities.