Cost controls boost Cargo’s earnings
 
     
 

TRANSPORT | Cargo Carriers lifted headline earnings per share 13,3% to 62,7c in the six months to August, despite lower volumes. Performance was driven by cost controls, and operating margins rose to 11.3% from 10,1%. A mix of own and subcontracted fleets helped protect the bottom line.

 
     
 
Business Day (Final), Companies & Markets
3 November 2009