Freightways Group Limited (FRW)

NZX-listed Industrials company — share price, dividends, financials, board of directors and governance score.

Freightways Group Limited (NZX:FRW) last traded at $12.30 on 22 Oct 2026, a market capitalisation of $2.22B NZD, a board of 7 directors chaired by David Edward James Gibson and a Governance Risk Score of 79/100.

Freightways is New Zealand's leading express package and business mail provider, also offering information management and destruction services across Australasia.

Share price
$12.30+0.90%
Market cap
$2.22BNZD
P/E ratio
24.9
Dividend yield
3.66%trailing 12m
Return on equity
16.0%
Governance score
79/100Very Good
Board size
7100% independent
Last dividend
24.00cFY2026

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Held by NZ managed funds

Sub-substantial fund positions — invisible in NZX SSH data, visible here. Sourced from each fund's Quarterly Fund Update on the FMA Disclose register.

Funds holding FRW
1
Distinct managers
1
Heaviest weight
4.19%
Fund% of fund NAV
Harbour — Australasian Equity Income4.19%

Full breakdown and coverage

How Freightways Group Limited makes money — FY2025

Revenue $1.3b · EBITDA $248.6m (19.3% of revenue) · Net profit $80.1m (6.2% of revenue)

Freightways Group Limited (FRW) FY2025: where revenue of $1.3b wentExpress Package & Business Mail → Revenue: $1.1bRevenue → EBITDA: $248.6mRevenue → Operating costs (net of other income): $1.0bEBITDA → EBIT: $146.1mEBITDA → Depreciation & amortisation: $102.5mEBIT → Net profit: $80.1mEBIT → Interest: $34.1mEBIT → Income tax: $31.9mInformation Management → Revenue: $231.8mCorporate and Other → Revenue: $5.1mExpress Package & Business Mail: $1.1bExpress Package &Business Mail$1.1bInformation Management: $231.8mInformation Management$231.8mCorporate and Other: $5.1mCorporate and Other$5.1mRevenue: $1.3bRevenue$1.3bEBITDA: $248.6mEBITDA$248.6mOperating costs (net of other income): $1.0b (derived)Operating costs (net ofother income)$1.0b · derivedEBIT: $146.1mEBIT$146.1mDepreciation & amortisation: $102.5mDepreciation &amortisation$102.5mNet profit: $80.1mNet profit$80.1mInterest: $34.1mInterest$34.1mIncome tax: $31.9mIncome tax$31.9m

Band widths are proportional to NZD amounts. Dashed outlines mark derived figures; the hatched node is a balancing item (net profit less every line above it).

Freightways Group Limited FY2025 figures used in the chart
FY2025AmountStatusNote
Revenue$1.3bReported
Operating costs (net of other income)−$1.0bDerived *Reported operating expenses $506m do not reconcile; not used.
EBITDA$248.6mReported
Depreciation & amortisation−$102.5mReported
EBIT$146.1mReported
Interest (net finance costs)−$34.1mReported
Income tax−$31.9mReported
Other items (net gain)+$0Balancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$80.1mReported
  • * operating costs: $1.0b = Revenue − EBITDA

Figures extracted automatically from the annual report; check against the report. NZD thousands as stored, shown in millions. Source: annual_report_pdf · method: claude_haiku_pdf · extracted 7 March 2026.

Annual report: Freightways Group Limited Annual Report (PDF, NZX)

Every charted year for FRW, with checks

Freightways Group Limited board of directors

7 current directors, 100% independent, average tenure 9.9 years.

DirectorRoleIndependentAppointedTenureCommittees
David Edward James GibsonChairYes20224.6 yrs—
Fiona Ann OliverIndependent DirectorYes20215.3 yrs—
Mark RushworthIndependent DirectorYes201511.1 yrs—
Dean BracewellIndependent DirectorYes199927.8 yrs—
David Grant DevonportIndependent DirectorYes20241.9 yrs—
Peter KeanIndependent DirectorYes201610.3 yrs—
Abigail Kate FooteIndependent DirectorYes20188.4 yrs—

FRW governance score breakdown

Freightways Group Limited scores 79/100 (Very Good) on the NZXplorer Governance Risk Score for FY2026, based on 73% data coverage. See the GRS methodology.

Board structure
21/25
Shareholder rights
20/20
Executive remuneration
4/10

FRW dividends

The most recent Freightways Group Limited dividend on record is 24.00 cents per share, for FY2026 (final), 100% imputed, ex-dividend 10 Sept 2026, paid 1 Oct 2026.

Freightways Group Limited largest shareholders

Top 10 registered holders of FRW as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1Custodial Services Limited <A/C 4>13.65%
2BNP Paribas Nominees (NZ) Limited <BPSS40>8.90%
3HSBC Nominees (New Zealand) Limited <HKBN90>7.88%
4Citibank Nominees (New Zealand) Limited <CNOM90>5.09%
5TEA Custodians Limited <TEAC40>4.96%
6FNZ Custodians Limited4.33%
7Forsyth Barr Custodians Limited <1-Custody>4.30%
8JPMorgan Chase Bank <CHAM24>3.99%
9HSBC Nominees A/C NZ Superannuation Fund Nominees Limited <SUPR40>3.03%
10Accident Compensation Corporation <ACCI40>2.66%

Recent FRW NZX announcements

The 10 most recent filings by Freightways Group Limited to the NZX.

Freightways Group Limited (FRW) — frequently asked questions

What does Freightways Group Limited do?

Freightways is New Zealand's leading express package and business mail provider, also offering information management and destruction services across Australasia. Freightways Group Limited is listed on the NZX under the ticker FRW, in the Industrials sector.

What is the Freightways Group Limited (FRW) share price?

Freightways Group Limited (NZX:FRW) shares closed at $12.30 on 22 October 2026, up 0.90% on the previous close. At that price its market capitalisation was about $2.20 billion, based on 179,210,402 shares on issue.

Who are the directors of Freightways Group Limited?

Freightways Group Limited has 7 current directors: David Edward James Gibson (Chair), Fiona Ann Oliver (Independent Director), Mark Rushworth (Independent Director), Dean Bracewell (Independent Director), David Grant Devonport (Independent Director), Peter Kean (Independent Director) and Abigail Kate Foote (Independent Director). 7 of the 7 are recorded as independent (100%). Average board tenure is 9.9 years.

Who is the chair of Freightways Group Limited?

David Edward James Gibson chairs the Freightways Group Limited board, and has been a director since 2022.

What was Freightways Group Limited's most recent dividend?

The most recent Freightways Group Limited dividend on record is 24.00 cents per share for FY2026 (final), 100% imputed, ex-dividend 10 September 2026, paid 1 October 2026.

What is Freightways Group Limited's dividend yield?

Freightways Group Limited's trailing 12-month dividend yield is 3.66%, as at 22 October 2026. That is 45.00 cents per share of ordinary dividends with an ex-date in the 12 months to 22 October 2026, divided by the 22 October 2026 closing price of $12.30. Special dividends are excluded.

Who are the largest shareholders of Freightways Group Limited?

The largest registered holder of FRW shares in the FY2025 top-20 register was Custodial Services Limited <A/C 4>, with 13.65%, followed by BNP Paribas Nominees (NZ) Limited <BPSS40> (8.90%) and HSBC Nominees (New Zealand) Limited <HKBN90> (7.88%). Custodians and nominees on the register hold shares on behalf of other investors.

What is Freightways Group Limited's governance score?

Freightways Group Limited has an NZXplorer Governance Risk Score of 79/100 (Very Good) for FY2026, based on 73% data coverage.

When is the Freightways Group Limited annual meeting?

Freightways Group Limited's next annual meeting is scheduled for 29 October 2026.

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