This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Mainfreight Limited
Directory
| NZX code: | MFT |
| Short name: | Mainfreight |
| Legal name: | Mainfreight Limited |
| Industry sector: | Infrastructure and transport |
| NZX50 rank: | 7 of 50 |
| Head office address: | 2 Railway Lane, Otahuhu, 1062 |
| Chairman: | Bruce Plested |
| Managing Director: | Don Braid |
| Financial year ended: | March |
| Locations: | NZ, Australia, China, Europe, America |
| Auditor: | EY |
| Bankers: | Westpac, CBA, HSBC, Bank of Tokyo-Mitsubishi UFJ, Bank of China, ING Belgium |
Mainfreight
Select chart tabs
Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye March | bln | mln | cents |
| 2018 | $2.6 | $108 | 107 |
| 2019 | $3.0 | $138 | 137 |
| 2020 | $3.1 | $159 | 158 |
| 2021 | $3.5 | $188 | 187 |
| 2022 | $5.2 | $355 | 353 |
| 2023 | $5.7 | $426 | 424 |
| 2024 | $4.7 | $208 | 207 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye March | bln | bln | % |
| 2018 | $1.4 | $0.7 | 51 |
| 2019 | $1.5 | $0.7 | 56 |
| 2020 | $2.3 | $1.3 | 42 |
| 2021 | $2.5 | $1.4 | 45 |
| 2022 | $3.0 | $1.6 | 47 |
| 2023 | $3.4 | $1.7 | 50 |
| 2024 | $3.8 | $1.9 | 49 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye March | mln | mln | mln |
| 2018 | $140 | $135 | $81 |
| 2019 | $197 | $164 | $115 |
| 2020 | $301 | $307 | $116 |
| 2021 | $376 | $346 | $140 |
| 2022 | $504 | $439 | $202 |
| 2023 | $757 | $633 | $342 |
| 2024 | $505 | $644 | $214 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend yield |
|
| fye March | cents | annual avg | dollars | annual avg % |
| 2018 | 107 | 23 | 4.8 | 1.8 |
| 2019 | 137 | 26 | 6.2 | 1.6 |
| 2020 | 158 | 22 | 7.3 | 1.7 |
| 2021 | 187 | 37 | 8.3 | 1.1 |
| 2022 | 353 | 24 | 11.5 | 1.0 |
| 2023 | 424 | 16 | 14.2 | 3.6 |
| 2024 | 207 | 33 | 15.6 | 3.5 |
Description of trading activities
Mainfreight Limited is a listed-New Zealand logistics and transport company headquartered in Auckland. Mainfreight commenced operations in Auckland in 1978 and is one of the largest freight companies in New Zealand.
CEO profile
Don Braid joined Daily Freightways in 1978, gaining understanding of the business and industry through experience. In 1994, Mainfreight purchased the business, and Braid went on to hold various senior management roles at Mainfreight prior to his appointment as managing director in 2000. Braid has led Mainfreight to highly successful growth and expansion with now operation in over 26 different countries, with over $3 billion dollars in revenue.
Chairman profile
Bruce Plested is the Chairman and founder of Mainfreight Limited from the companies inception in 1978. In 2016, Plested was admitted into the New Zealand Business Hall of Fame. Outside of leading one of NZ's largest transport and logistics company, Plested has started a number of initiations to improve education in NZ including a wealth of support for the Duffy books foundation, The Life education trust, and starting Bairds Mainfreight Primary School.
Links:
| Company website: | https://www.mainfreight.com/global/en-nz |
| Investor information: | https://www.mainfreight.com/global/en-nz/investor/investor-centre |
| NZX listing: | https://www.nzx.com/companies/MFT |
| Annual reports: | https://www.mainfreight.com/global/en-nz/investor/reports-library |