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Qube back to core logistics after LOGOS deal

Jenny Wiggins

Key Points

  • Revenue ($m)  939.3, down 2pc from year-earlier 957.3
  • Pretax profit ($m) 76.6 v 75.3
  • Net profit ($m) 57.8 v 51.7
  • Interim dividend 2.5c v 2.9c, payable on April 8 

Qube managing director Maurice James says the economy has rebounded faster than expected from the pandemic, giving the logistics group confidence to hand back almost $17 million in JobKeeper subsidies after delivering a 12 per cent rise in interim net profit.

Qube managing director Maurice James says returning the JobKeeper subsidies was the “right thing to do”. Peter Braig

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/qube-back-to-core-logistics-after-logos-deal-20210224-p575ij