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Move Logistics Group Limited ( (AU:MOV) ) has shared an announcement.
MOVE Logistics Group Limited reported its FY25 results, highlighting significant progress in its transformation program. Despite a challenging economic environment, the company achieved a 61% improvement in normalized earnings before tax and reduced its net loss after tax by $32.5 million. The transformation plan has led to cost reductions, improved gross margins, and strengthened operating leverage, positioning MOVE for positive earnings in FY26. The Freight & Fuel division showed notable improvement, while the company continues to address challenges in its Warehousing segment.
More about Move Logistics Group Limited
MOVE Logistics Group Limited operates in the transport and logistics industry, providing services such as freight, fuel delivery, and international shipping. The company focuses on optimizing its network and enhancing customer partnerships to strengthen its market position.
Average Trading Volume: 68,503
Technical Sentiment Signal: Sell
Current Market Cap: A$27.53M
Find detailed analytics on MOV stock on TipRanks’ Stock Analysis page.