MaxiTRANS as markets grow

Big Rigs - - TRAILER FEATURE -

cus­tomers as it pro­vides na­tional sup­port for prod­ucts. Out­look The com­pany con­tin­ues to see im­prov­ing con­di­tions in the Aus­tralian trailer mar­ket as op­er­a­tors up­grade their age­ing fleets and most key eco­nomic driv­ers re­main pos­i­tive. This will ben­e­fit both the Aus­tralian trailer busi­ness as well as the Max­iPARTS parts busi­ness, it said.

In the short term, or­der in­take re­mains strong, par­tic­u­larly in both the gen­eral freight and the food and gro­cery sec­tors, ben­e­fit­ing its Freighter and Max­iCUBE prod­ucts. While tip­per or­der in­take is lower than the last fi­nan­cial year, it is still some­what de­pen­dent on the crop out­look and the tim­ing of com­mence­ment of new in­fra­struc­ture projects.

“With the New Zealand war­ranty is­sues now largely be­hind us and the fur­ther es­tab­lish­ment of our Christchurch ser­vice fa­cil­ity, we can look for­ward to this busi­ness re­turn­ing to prof­itabil­ity in the next fi­nan­cial year.

“We look for­ward to com­plet­ing the sig­nif­i­cant in­vest­ment in our new IT sys­tems over the next fi­nan­cial year. This will be a key en­abler to driv­ing op­er­a­tional ef­fi­ciency through the busi­ness re­sult­ing in strong op­er­at­ing cash flow in fu­ture years. In con­junc­tion with this in­vest­ment, the com­pany has made good progress in re­view­ing the group’s cap­i­tal al­lo­ca­tion. A num­ber of other plans con­tinue in de­vel­op­ment and will be im­ple­mented dur­ing FY19.”

The com­pany con­tin­ues to ex­e­cute upon its cor­po­rate strat­egy to not only im­prove the op­er­a­tional ef­fi­ciency in its cur­rent busi­ness but also to pur­sue growth op­por­tu­ni­ties in ex­ist­ing markets, look­ing to iden­tify new mar­ket op­por­tu­ni­ties, all with the aim of im­prov­ing share­holder re­turns.

Un­der­ly­ing this will be a con­tin­ued fo­cus on im­prov­ing safety per­for­mance.

PHOTO: VOSS PHOTOGRAPHY

GROWTH SPURT: The com­pany also ex­pe­ri­enced strong sales growth of its Freighter brand prod­ucts.

PHOTO: STE­FAN JANNIDES PHOTOGRAPHY

Up­grades of age­ing fleets have boosted con­fi­dence in fu­ture or­ders.

PHOTO: CARLY MORRISSEY

MaxiTRANS is com­mit­ted to fo­cus on im­prov­ing safety per­for­mance.

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