Freightways Limited (FRE.NZ) Income Statement Analysis – Financial Results

About Freightways Limited

Freightways Limited, together with its subsidiaries, provides express package and business mail services in New Zealand, Australia, and internationally. It operates through Express Package & Business Mail, Information Management, and Corporate and Other segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, and NOW Couriers brands; and point-to-point courier services under the SUB60, Kiwi Express, Stuck, and Security Express brands. It also provides mail delivery services under the DX Mail brand; and mailhouse-print services and digital mail presentation platforms under the Dataprint brand. In addition, it provides a range of physical storage and information management, as well as digital information processing services, such as digitization, business process outsourcing, online back-up, and eDiscovery services, as well as document destruction and medical waste services primarily under the Archive Security, FileSaver, DataBank, Shred-X, and Med-X brands, as well as operates line-haul on the arterial roads under the Parceline Express name. Further, the company offers general and aviation engineering services; and aviation-related, IT infrastructure support, treasury management, and financing and property management services. The company offers its services through its network, as well as through international alliances. Freightways Limited was founded in 1964 and is based in Penrose, New Zealand.