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MOVE Logistics Group (MOV) investor relations material

MOVE Logistics Group AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary30 Oct, 2025

Opening remarks and agenda

  • Meeting opened with confirmation of quorum, welcomes, and acknowledgment of shareholders' support, followed by Chair and CEO presentations.

  • Notice of meeting and agenda taken as read; presentations by Chair and CEO scheduled.

  • Shareholders could participate in person or online, with Q&A and voting facilitated.

Financial performance review

  • FY25 revenue was $286.3m, down 2.6% year-on-year, but gross margin rose 13.4% to $83.5m, reaching a two-year high.

  • Normalised EBT improved by 61.1% to $(10.0)m, with normalized earnings up over 80% in the first quarter.

  • Operating costs reduced by NZD 27 million in FY25 and a further NZD 3 million in Q1 FY26; positive net adjusted operating cashflow achieved.

  • Q4 FY25 delivered the strongest quarterly earnings in two years.

  • Q1 FY26 saw further margin and earnings uplift despite revenue decline.

Board and executive committee updates

  • Board size maintained at five directors, with recruitment paused during business transformation.

  • Julia Raue appointed Chair in June 2024; Lachie Johnstone and Greg Whitham elected as directors in October 2024.

  • Paul Millward confirmed as CEO in August 2024, bringing new energy and strengthening the leadership team.

  • Senior executives introduced, highlighting expertise across business units.

  • Board priorities for FY25 included business transformation, leadership strengthening, and capital management.

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Frequently asked questions

MOVE Logistics Group Limited is a New Zealand-based logistics and transport company that provides a range of freight, logistics, and supply chain services. The company operates across multiple sectors, including road, rail, and sea transportation, offering solutions for general freight, bulk liquids, and specialized cargo. MOVE Logistics also provides warehousing, distribution, and logistics management services, enabling end-to-end supply chain solutions for its clients. Serving customers throughout New Zealand and internationally, the company focuses on optimizing logistics efficiency and delivery reliability. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.

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