Freightways - FY23 Preview — Waiting for Next Delivery
Freightways (FRW) will likely report a solid FY23 result on Monday, 21 August 2023. We expect earnings growth to be relatively subdued through 2H23...
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Transport Trends: Bare Feeling From De-Stocking
The transport industry's road to normalisation, after the disruption of the past three years, is increasingly being influenced by the deteriorating...
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Freightways: Untimely Delivery of Economic Challenges
We lower our rating on Freightways (FRW) to NEUTRAL from OUTPERFORM to reflect lingering cost and volume headwinds; FRW is better equipped to trade...
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Freightways: 2H23 Margins to Be Impacted by One-Off Costs
Freightways (FRW) will incur a number of additional costs through 2H23 that will dampen FY23 margins; these relate to (1) the recent floods, (2)...
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Freightways: One-Offs to Weigh on 2H23
The earnings downgrade cycle at Freightways (FRW) is continuing, though the drivers outlined in its trading update reflect more temporary rather...
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