Mainfreight Financial Result for Three Months to June 2011
Posted on 11 August 2011
The Mainfreight Group is pleased to report a net surplus after taxation and abnormals of $14.22 million for the first three months of the 2012 financial year; an increase of 109% on the previous year's result of $6.82 million (excluding abnormals the increase was 115%). Abnormals totalled just $0.43 million after tax and related to transaction costs for the Wim Bosman acquisition.
EBITDA performance reached record levels for a first quarter result, reaching $32.13 million up from $15.52 million for the same period a year ago.