Mainfreight Financial Result for the Twelve Months to March 2016
Afbeelding: Mainfreight-World-Map__NA Financial 2016
Mainfreight is pleased to announce another year of record results to 31 March 2016. Full year net profit after tax and before abnormal items was $88.18 million; an increase of 5.6% over the previous year.
Sales revenue for the year increased; up 11.2% to $2.28 billion (excluding foreign exchange effects the increase is 4.3%). Our EBITDA result also set a new record at $174.85 million; an increase of 7.8% over the prior year's result (excluding foreign exchange effects the increase is 3.4%).
This is a satisfactory result and builds on what was a poor first half for the 2016 financial year. Better management of overhead costs, and an improving gross margin assisted the second half results.
Geographical performance for the year saw New Zealand, Asia and Europe all with increased EBITDA results, while Australia and the Americas recorded poorer results at the EBITDA level, as their domestic operations struggled to improve on the year prior.
In all regions we were able to increase sales growth, as our teams continue to crosssell our networks and products to our multinational customer base.
Mainfreight Financial Statements for Twelve Months to March 2016
Mainfreight is pleased to provide you with our financial statements for the 2015-16 financial year as released to the market
Mainfreight Financial Statements for Twelve Months to March 2016
Mainfreight Financial Statements for Twelve Months to March 2016
Mainfreight Results for Twelve Months to March 2016
Mainfreight is pleased to provide management commentary for the 2015-2016 financial year
Mainfreight Results for Twelve Months to March 2016
Mainfreight Results for Twelve Months to March 2016
Mainfreight Results Presentation Full Year 2016
Mainfreight is pleased to provide you with a copy of their full year results presentation given by the Group Managing Director
Mainfreight Results Presentation Full Year 2016
Mainfreight Results Presentation Full Year 2016
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