Logwin AG Begins 2025 with Strong Operational Performance

Logwin AG experienced a robust start to 2025, reporting an increase in freight volumes, significant revenue growth, and steady operating earnings. Despite global economic challenges, Logwin's revenue reached EUR 354 million in the first quarter, surpassing last year's EUR 311 million. Growth was primarily driven by the Air + Ocean segment, which saw a rise to EUR 292.1 million from EUR 245.2 million, balancing lower freight rates with higher volume.

However, the Solutions segment's revenue fell to EUR 62.5 million due to the loss of some customer business. Operating earnings (EBITA) stood at EUR 18.8 million, nearly matching the previous year's performance. Despite these gains, the net result dropped to EUR 14.1 million from EUR 15.8 million, influenced by lower financial income and an increased tax burden.

Free cash flow was affected, showing a deficit of EUR -9.4 million due to negative working capital and acquisition-related payments. Logwin's outlook remains stable, anticipating 2025 revenues between EUR 1.27 billion and EUR 1.55 billion.