Freightways Group
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Freightways Group (FRW) investor relations material

Freightways Group AGM 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2026 summary28 Oct, 2026

Opening remarks and agenda

  • Chair declared a quorum and opened the hybrid meeting; the agenda covered FY26 highlights, the CEO strategy and trading update, shareholder questions and formal resolutions.

  • Resolutions were to be decided by poll, with Computershare scrutinizing votes and results scheduled for release to NZX and ASX later that day.

Financial performance review

  • FY26 revenue rose 13.5% to NZD 1,463.6m, or 11% excluding VTFE; EBITA increased 14.6% to NZD 181.6m and NPAT rose 17.3% to NZD 94m.

  • FY26 operating cash flow rose 14.9% to NZD 279.4m and basic EPS increased 17.2% to 52.4c; net debt/EBITDA was 2.4x.

  • Australia’s share of FY26 revenue rose to 39% from 36%, and its EBITA share to 38% from 34%.

  • Q1 FY27 unaudited revenue rose 17.6% to NZD 408.3m, EBITA 12.9% to NZD 50.0m and NPAT 12.0% to NZD 26.2m YoY; growth reflected fuel recovery and VTFE’s addition.

  • Q1 FY27 IM EBITA rose 17.5% to NZD 9.4m and margin improved 150 bps to 14.7%; EP & BM EBITA grew 9.9% to NZD 42.1m while margin fell to 12.2% from 13.3%.

Board and executive committee updates

  • David Gibson delivered the chairman’s address; Mark Troughear presented the strategy and trading update.

  • Peter Kean stood for re-election after serving as a director since 2016; the board unanimously recommended him as an independent non-executive director.

  • If re-elected, Kean intends to retire at or around the October 2027 ASM; he cited Trans-Tasman leadership experience and continuity as relevant to the next 12 months.

  • Former Chair Mark Cairns completed 5.5 years of service and left at the end of July.

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Frequently asked questions

Freightways Group Limited is a New Zealand-based logistics and courier company offering express package delivery, mail, and information management services. The company provides courier and parcel services across New Zealand and Australia, serving both individual and business clients with efficient delivery solutions. Freightways also offers information management services, including document storage, digital archiving, and secure document destruction, catering to sectors with stringent data management needs. Through its various brands and subsidiaries, Freightways supports customers with end-to-end logistics and information handling solutions. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.