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FRW — Freightways News Story

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IndustrialsConservativeMid CapNeutral

New Zealand's Freightways Group hits more than 3-year high on upbeat FY results

** Freightways Group FRW.NZ rises as much as 1.6% to NZ$11.74, highest since early May 2022

** New Zealand-based freight service provider reports 12.9% y/y jump in FY net profit, 6.6% y/y rise in total revenue

** Declares final dividend of 21 NZ cents payable on October 1

** YTD, FRW gains ~10%

($1 = NZ$1.6861)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))

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