Freightways improves
I Freightways Holdings, Ltd, ! reports satisfactory results ifor the three months to SepItember 30. There was some I improvement in the level of ! activity and gross revenue is !up on the corresponding ‘quarter in 1977. Estimated profits for the quarter are also above last! year, and reflect the effect! of the higher revenues, and! the continuing close control of costs.
,1 This improvement is exdpected to be maintained durling the remainder of the 11 first half of the financial ■'year, and although economic > conditions may be more di ; fficult in 1979, the board be lieves that, in the absence of : abnormal factors, and assistled by improved earnings in •new areas of investment. li profits for the full 1979 I;financial year should be belter than achieved in 1978.
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Press, 29 November 1978, Page 22
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129Freightways improves Press, 29 November 1978, Page 22
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