Qube Holdings is now under Algo Engine buy conditions and as part of the review, we take a closer look at the FY20 earnings results.
COVID has had a negative impact on overall volumes and we expect to see a gradual improvement over FY21 and FY22.
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About
Qube is Australia’s largest integrated provider of import and export logistics services with a market capitalisation in excess of $4.88 billion as at 30 June 2019.
We operate in over 130 locations across Australia, New Zealand and South East Asia with a workforce of over 6,500 employees.
Qube is comprised of three business units including Ports, Bulk and Logistics division, Infrastructure and Property division and Strategic Assets division. We also hold a 50 percent interest in Patrick Terminals, Australia’s leading container terminal operator.
FY20 Earnings
