Luxembourg's Logwin H1 revenue rises on higher freight rates
Luxembourg's Logwin H1 revenue rises on higher freight rates
Overview
Luxembourg logistics provider's H1 revenue rose yr/yr, supported by higher freight rates
Operating result and net profit declined amid lower gross margin and competition
Company expanded U.S. presence via acquisition; full-year outlook confirmed
Outlook
Logwin confirms its outlook for the 2026 financial year
Company maintains its 2026 forecast as published in the 2025 Annual Financial Report
Result Drivers
HIGHER FREIGHT RATES - Co said revenue growth was driven by increased air and ocean freight rates
INCREASED TRANSPORT VOLUMES - Co attributed revenue growth to higher transport volumes across its global network
U.S. EXPANSION - Acquisition of activities from a cooperation partner expanded presence in the U.S. market
Company press release: ID:nEQ5rkmGGa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Sales |
| EUR 737.40 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy."
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago
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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.)