New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Freightways (FRW) will likely report a solid FY23 result on Monday, 21 August 2023.</li><li>We expect earnings growth to be relatively subdued through 2H23 despite a weak prior year comparative.</li><li>​​​The accretive nature of the Allied Express deal will help mask headwinds across FRW's other operations due to cost pressures and a subdued volume environment.</li></ul>

Freightways (FRW) will likely report a solid FY23 result on Monday, 21 August 2023.We expect earnings growth to be relatively subdued through 2H23 despite a weak prior year comparative.​​​The accretive nature of the Allied Express deal will help mask headwinds across FRW's other operations due to cost pressures and a subdued volume environment.

Freightways - FY23 Preview — Waiting for Next Delivery

Freightways Ltd

Freightways - FY23 Preview — Waiting for Next Delivery