Overview
Luxembourg logistics provider's Q1 revenue fell 6.7% yr/yr amid lower freight rates
Net income declined, reflecting lower EBITA and weaker financial result
Free cash flow turned more negative due to working capital, investments, and acquisitions
Outlook
Logwin maintains its 2026 forecast as published in the 2025 Annual Financial Report
Company says elevated economic risks from geopolitical and trade tensions persist
Result Drivers
LOWER FREIGHT RATES - Air + Ocean segment revenue declined despite higher transport volumes, as lower freight rates dampened overall revenue
DECLINING CONTRACT VOLUMES - Solutions segment revenue fell, mainly due to lower volumes in certain existing customer contracts
EXPANSION COSTS - Operating result was affected by costs from expanding the global location network and entering the U.S. air and ocean freight market
Company press release: ID:nEQbJPMdwa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 330.4 mln
Q1 Net Income
EUR 10.7 mln
Q1 Free Cash Flow
-EUR 25.4 mln
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)