Tag: vtfe_acquisition
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Freightways Corrects Leverage Target to 2.0x–3.0x Net Debt to EBITDA
Freightways has corrected its annual shareholders meeting script after Slide 8 wrongly stated a 3.0x to 4.0x net debt to EBITDA target. The actual range is 2.0x to 3.0x, with the 2.4x ratio at 30 June 2026 unchanged.
BusinessFinancial MarketsEconomyTransportationAustralia Freightwaysnet debt to EBITDAAnnual Shareholders MeetingNZX announcementStephan DeschampsVTFE acquisitionCapital Management Policy
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Freightways lifts FY26 dividend 12.5% as Q1 FY27 revenue jumps 17.6%
Freightways posts 17.3% NPAT growth to $94m for FY26, raises full-year dividend to 45 cents, and reports a resilient Q1 FY27 with revenue up 17.6% despite elevated fuel prices.
BusinessAustraliaFinancial MarketsEconomyTransportationEmployment and Labor FreightwaysAnnual Shareholders MeetingVTFE acquisitionDividendExpress PackageInformation ManagementAllied Express