Please find here the preliminary full-year results released by New Zealand’s Mainfreight today. More details can also be found here, in what is a short update as we extensively covered the company in recent times.
In a nutshell, this is a cash flow machine with core, trailing free cash flow yield at 4.3% and totally manageable net leverage. The balance sheet and P&L were in good order too, as expected.
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The post On the wires: Mainfreight up 11% – signed, sealed,...
https://theloadstar.com/on-the-wires-mainfreight-up-11-signed-sealed-delivered/