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>Mainfreight’s (MFT) Dallas investor day further illustrated the longer-term potential of one of New Zealand’s premier growth companies, but also highlighted its earnings susceptibility to: (1) the economic cycle, and (2) network expansion out of sync with volume progression.</li><li>Pleasingly, the company continues to win new customers, with a strong sales focus and an enduring pipeline of new opportunities.</li><li>However, provisional 1H25 profit before tax (PBT) was modestly below market expectations and down -9% against the prior year. </li></ul>

Mainfreight’s (MFT) Dallas investor day further illustrated the longer-term potential of one of New Zealand’s premier growth companies, but also highlighted its earnings susceptibility to: (1) the economic cycle, and (2) network expansion out of sync with volume progression.Pleasingly, the company continues to win new customers, with a strong sales focus and an enduring pipeline of new opportunities.However, provisional 1H25 profit before tax (PBT) was modestly below market expectations and down -9% against the prior year. 

Mainfreight Ltd

Mainfreight - No Cowboys at This B-Ranch