Brief: Freightways Ltd Declares Interim Dividend Of 15 CPS

Freightways

23/02/2020 22:37

Feb 24 (Reuters) - Freightways Ltd  FRE.NZ :
    * DECLARED INTERIM DIVIDEND OF 15 CPS
    * HY REVENUE (GAAP) NZ$318.9 MILLION VERSUS NZ$314.8 MILLION
    * OVERALL CAPITAL EXPENDITURE FOR FY20 STILL EXPECTED TO BE
BETWEEN $25-26 MILLION, NOT INCLUDING POTENTIAL CAPEX ON BIG
CHILL
    * CO'S BUSINESSES ARE YET TO SEE ANY MATERIAL IMPACT FROM
COVID-19
    * HY GAAP NPAT NZ$29.2 MILLION VERSUS NZ$33.4 MILLION
    * ON EP&BM DIVISION, SEES SOME CONFIDENCE THAT 2ND HALF OF
FY20
MAY RETURN MODEST ORGANIC GROWTH
    * ALL FIGURES IN NZ$

Source text https://www.i-search.nzx.com/blobs/FRE000000/486362/FRE000000-317314.pdf
Further company coverage:  FRE.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))