Mark Troughear: Freightways CEO on the rise in net profits for the year

Financial results are coming in thick and fast.  a2 Milk is reporting a 21% rise in profit alongside announcing it has bought the Yashili  plant in Pokeno.  It's also sold its majority stake in the Mataura Valley plant in Gore to Open Country Dairy.  Contact Energy's profit is up 13% after a surge in geothermal generation.  Freightways' profit is up 12.9%.  Chief executive Mark Troughear is putting it partly down to strong growth in Australia.  He told Mike Hosking he’s been through three recessions in this business and they’re all a little bit different, but he thinks we may have just broken the back of this current one.  LISTEN ABOVE See omnystudio.com/listener for privacy information.