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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.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.
- Double-digit revenue and profit growth, with margin gains and expanding Australian contribution.FRW
H2 2026 - Revenue and profit rose 17.2%, with margin gains and VTFE acquisition supporting growth.FRW
H1 2026 - Strong revenue and profit growth, strategic expansion, and governance approvals marked the period.FRW
AGM 2025 - Revenue and profit rose 6.6% and 12.9%, with higher dividends and a positive FY26 outlook.FRW
H2 2025 - Revenue up 7.8%–8%, profit growth expected in FY 2025 as new investments begin to deliver.FRW
H2 2024 - Revenue and margins grew amid challenges, with strategic investments and board stability highlighted.FRW
AGM 2024 - Revenue and NPAT up 6.7% and 9.5%, with higher margins and dividend declared.FRW
H1 2025
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Next Freightways Group earnings date
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