Move Logistics Group Ltd Ordinary Shares
MOV.NZXIndustrials
Move Logistics Group Limited joined the NZX on 7 December 2017, following a reverse listing with Bethunes Investments Limited. The full details of this transaction can be found on the company website www.til.kiwi. Move is one of New Zealand's largest private domestic freight and logistics platforms, with a nationwide network of branches, depots and warehouses. Its activities include transporting and warehousing freight throughout New Zealand and co-ordinating freight movements offshore through international alliances. It also has a specialist road tanker division which is the single largest operator in the New Zealand fuel delivery market.
Market Data
$0.200
+0.1%$25.5M
-3.4x
$-0.059
0.00%
+0.0%
Latest Earnings
MOVE Achieves FY26 Earnings Target
24 July 2026
MOVE Logistics Group has achieved its FY26 target of positive Normalised Earnings Before Tax (NEBT) for the year ended 30 June 2026, representing a significant milestone in its multi-year turnaround. Three of four business divisions (Freight & Fuel, Specialist, and International) delivered profitable earnings, while Warehousing remains below expectations. The company also reduced net debt, improved free cashflow, and reported revenue growth with increasing momentum, though specific financial figures will be released with audited results on 25 August 2026. Key points: Achieved primary FY26 target of positive Normalised Earnings Before Tax (NEBT), a key milestone in the multi-year New Horizons turnaround roadmap; Three of four business divisions (Freight & Fuel, Specialist, and International) delivered profitable earnings for FY26; Revenue growth achieved with increasing momentum across the year
Recent Announcements
MOVE Achieves FY26 Earnings Target
MOVE Logistics Group has achieved its FY26 target of positive Normalised Earnings Before Tax (NEBT) for the year ended 30 June 2026, representing a significant milestone in its multi-year turnaround. Three of four business divisions (Freight & Fuel, Specialist, and International) delivered profitable earnings, while Warehousing remains below expectations. The company also reduced net debt, improved free cashflow, and reported revenue growth with increasing momentum, though specific financial figures will be released with audited results on 25 August 2026. Key points: Achieved primary FY26 target of positive Normalised Earnings Before Tax (NEBT), a key milestone in the multi-year New Horizons turnaround roadmap; Three of four business divisions (Freight & Fuel, Specialist, and International) delivered profitable earnings for FY26; Revenue growth achieved with increasing momentum across the year
MOVE Appoints Graham Stuart as Director
MOVE Logistics Group Limited (NZX/ASX: MOV) has appointed Graham Stuart as an independent director effective 1 August 2026, with Stuart also chairing the company's Audit and Risk Committee. Stuart brings extensive governance and executive experience from listed companies including Tower, Fonterra, and Lion Nathan.
Date for FY26 Results Announcement and Investor Call
MOVE Logistics Group Limited (NZX/ASX: MOV) will announce its FY26 financial results on Tuesday, 25 August 2026, followed by an investor and analyst briefing at 11am NZST with live webcast and conference call options available.
Tribute to MOVE founder, Jim Ramsay
MOVE Logistics Group announces the passing of founder and former managing director Jim Ramsay, who led the company from a 30-truck operation in 1988 to one of New Zealand's largest logistics companies. Ramsay was a pioneering figure in the New Zealand trucking industry, receiving numerous accolades including induction into the NZ Road Transport Hall of Fame in 2013.
MOVE Logistics Group - 1H26 Results
MOVE Logistics Group reported 1H26 revenue of NZD $141.4m (total income $143.7m), down 5% YOY, as weak New Zealand economic conditions continued to suppress freight and warehousing demand. Despite the revenue decline, disciplined cost management drove a 98% YOY improvement in Normalised EBT to $(0.1)m, with 2Q26 returning to positive normalised earnings — the strongest quarterly result since 4Q22. The company remains on track for its FY26 guidance of positive full-year normalised EBT, supported by net debt reduction of $6.2m to $12.8m and operating cashflow improvement of $8.1m to $17.0m. Key points: Normalised EBT improved 98% YOY to $(0.1)m, with 2Q26 returning to positive normalised earnings — best quarterly result since 4Q22; Net Loss After Tax of $(0.9)m represents an $8.0m improvement on the prior corresponding period; Operating cashflow increased $8.1m YOY to $17.0m, reflecting stronger cash generation from transformation initiatives
MOVE Agrees New Facility with BNZ
MOVE Logistics Group Limited has agreed a new $22 million invoice finance facility with BNZ, commencing November 2026, which will reduce financing costs and establish a two-bank partnership with ANZ and BNZ following the expiry of its current Pacific Invoice Finance facility.
Notice of 1H26 Interim Results Release
MOVE Logistics Group Limited (NZX/ASX: MOV) will release its interim financial results for the six months ending 31 December 2025 on Friday 27 February 2026, followed by an investor call at 12:00pm NZST to discuss results and strategic outlook.
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