Brief: Freightways Ltd Says Declared Interim Dividend Of 18 NZ Cents Per Share

Freightways

19/02/2023 19:58

Feb 20 (Reuters) - Freightways Ltd  FRE.NZ :
    * DECLARED AN INTERIM DIVIDEND OF 18 NZ CENTS PER SHARE
    * REMAIN POSITIVE ABOUT RESILIENCE OF BUSINESS MODEL
    * CAPITAL EXPENDITURE FOR FY23 IS FORECAST TO BE IN A RANGE
OF
NZ$28-30 MILLION
    * EXPECT MEDICAL WASTE REVENUE OF APPROXIMATELY NZ$20M FOR
FULL
YEAR
    * IN SHORT TERM, CAUTIOUS ABOUT IMPACT OF A SLOWING ECONOMY,
IN NZ
IN PARTICULAR
    * EXPECT A STRONG FULL YEAR PERFORMANCE
    * DECISION TO RE-OPEN DIVIDEND REINVESTMENT PLAN FOR
HALF-YEAR
DIVIDEND
    * HY REVENUE FROM CONTS OPERATIONS NZ$552.1 MILLION, UP
24.9%
    * WILL CONTINUE TO REVIEW PORTFOLIO OF OUR SERVICES
    * HY TOTAL NET PROFIT NZ$45.2 MILLION, UP 3.5%

Further company coverage:  FRE.NZ 
 ((Reuters.Briefs@thomsonreuters.com;))