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MOVE Logistics Group
MOVE Logistics Group (MOV) investor relations material
MOVE Logistics Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary26 Feb, 2026
Executive summary
Achieved positive Normalized Earnings for Q2, the strongest quarterly result since FY 2022, despite a 5% year-on-year revenue decline due to weak demand in key sectors.
Structural reset, transformation, and cost management initiatives have improved gross margin, operating leverage, and reduced operating expenses.
The business is transitioning from the reset phase to the step up phase of its four-year New Horizons roadmap, focusing on operational excellence and growth.
Net loss after tax attributable to owners was $0.9 million, a significant improvement from a $8.9 million loss in the prior period.
The group remains a going concern, supported by new funding arrangements and covenant amendments.
Financial highlights
Revenue for 1H26 was $141.4 million, down 5% year-on-year but up 3% sequentially from 2H25, mainly due to soft demand in transport, logistics, and warehousing.
Normalized Earnings improved 98% year-on-year, with three out of four business units profitable and positive NEBT in 2Q26.
Operating cash flows increased to $17.0 million, up $8.1 million from the prior year.
Net debt reduced to $12.8 million from $19.0 million year-over-year.
Gross margin percentage rose by 1 percentage point year-on-year to its highest level since 1H23.
Outlook and guidance
On track to deliver positive full-year Normalized Earnings, with gradual recovery in market activity expected during 2026.
New funding agreements with ANZ and BNZ extend facilities and provide covenant flexibility through August 2027.
Focus remains on cost control, working capital management, sales growth, expanding the customer base, and rebuilding the warehouse business.
Warehouse market share growth strategy
Countering competitor pricing pressure strategy
Key indicators for demand recovery in 2026?
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Next MOVE Logistics Group earnings date
H2 202627 Aug, 2026
MOVE Logistics Group
Next MOVE Logistics Group earnings date
H2 202627 Aug, 2026
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Frequently asked questions
MOVE Logistics Group Limited is a New Zealand-based logistics and transport company that provides a range of freight, logistics, and supply chain services. The company operates across multiple sectors, including road, rail, and sea transportation, offering solutions for general freight, bulk liquids, and specialized cargo. MOVE Logistics also provides warehousing, distribution, and logistics management services, enabling end-to-end supply chain solutions for its clients. Serving customers throughout New Zealand and internationally, the company focuses on optimizing logistics efficiency and delivery reliability. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.
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