Logwin: high expectations
Despite declining freight rates, Logwin is expecting better results for the full business year 2022. Revenues in the air + ocean and solutions segments as well as for the whole group are expected to exceed in total EUR 2.2 billion. They will thus exceed the previous year's result of EUR 1.85 billion.
At around EUR 120 million (2021: EUR 101 million), the Logwin Group’s operating result (ebita) will also be above the previous year's level.
This is due in particular to the good earnings performance of the air + ocean business segment, while the result of the solutions business segment will be significantly lower than the previous year’s result due to extraordinary expenses "for the termination of loss-making activities", the group said in a press release. (sh)