Lindsay Australia forecasts FY24 underlying EBITDA between $88 million and $94 million.

The company noted challenges, including reduced horticultural volumes due to adverse weather, particularly in North Queensland, and operational disruptions from rail outages.

Despite setbacks, the company remains optimistic, citing favourable soil moisture for horticulture and growth prospects in refrigerated logistics.

Commercial freight volumes are expected to grow by 6% in the second half of FY24. Lindsay Australia is investing in its network and efficiency, aiming for long-term resilience.