New Zealand's Mainfreight at 2-month high on upbeat FY revenue
28/05/2026 24:17
BUZZ-New Zealand's Mainfreight at 2-month high on upbeat FY revenue ** Shares of Mainfreight MFT.NZ rise as much as 7.4% to NZ$63, their highest level since March 17
** Stock on track to record its best session since November 17, 2025
** Global logistics provider posts full-year revenue of NZ$5.38 billion ($3.17 billion), up 2.8%
** Trading in April and May has been encouraging, despite disruption and uncertainty caused by the Middle East conflict and elevated fuel pricing, co says
** MFT down 9% YTD, including the session's moves
($1 = 1.6952 New Zealand dollars)
(Reporting by Anjali Singh in Bengaluru)
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