LAU 2.22% 92.0¢ lindsay australia limited

Ann: Trading Update FY2024, page-13

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    This is from 'AFR':
    Transport costs up 10 per cent nationwide as petrol stokes inflation

    May 8, 2024 – 10.30pm




    Cairns removalist Jesse Bradley says the cost of diesel has risen by about 50 per cent since he started his business three years ago.
    When the 30-year-old launched his business, Handy Truck, in February 2021, fuel was about 7 per cent of revenue, when he typically paid about $1.30 for a litre of diesel. But now that he usually pays between $2 and $2.05, fuel has cracked 12 per cent of revenue.

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    LAU should have rise and fall clauses in its contracts, or 'fuel surcharges' even though competition is fierce with as LAU says, volumes subdued.
    Last edited by Hopeful9: 09/05/24
 
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