Mainfreight cops a downgrade

Feb 10, 2023 | Broker Comment

10.2.23 Mainfreight’s update to the market yesterday has disappointed sharebroking analysts, who were watching out for evidence of the economic slowdown in several countries affecting trading. Mainfreight delivered a soft trading update for the 43 weeks to the end of January, observes Jardens today. “Both revenue of NZ$4,824.2m (+17% YoY) and PBT of $490.2m (+32% […]

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Mainfreight cops a downgrade

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