Freightways Limited reported unaudited consolidated earnings results for the half year ended December 31, 2017. For the period, the company reported operating revenue of NZD 292,133,000 against NZD 272,782,000 a year ago. Operating profit before interest, income tax, depreciation and software amortisation and amortisation of intangibles was NZD 56,128,000 against NZD 55,792,000 a year ago. Operating profit before interest, income tax and amortisation of intangibles was NZD 49,233,000 against NZD 50,102,000 a year ago. Operating profit before interest and income tax was NZD 48,254,000 against NZD 49,296,000 a year ago. Profit before income tax was NZD 43,127,000 against NZD 44,585,000 a year ago. Profit for the period attributable to shareholders was NZD 31,409,000 against NZD 33,987,000 a year ago. Net cash inflows from operating activities were NZD 34,821,000 against NZD 28,504,000 a year ago. Payments for property, plant & equipment was NZD 7,402,000 against NZD 8,098,000 a year ago. Payments for software were NZD 2,953,000 against NZD 1,865,000 a year ago. Basic and diluted EPS was 20.3 cents against 21.9 cents a year ago. Capital expenditure was NZD 10 million.

For the year ending June 30, 2018, the company's overall capital expenditure expected to be approximately NZD 16 million. Operating cash flows are expected to remain strong throughout the balance of the 2018 financial year.