„The successful global air and ocean activities have been able to increase volumes and shipment numbers based on their successful sales activities.” reads a press release. The revenue of the business segment Air + Ocean has increased by 4.3 percent to EUR 676.1 million (2014: EUR 648.1 million) in spite of the decreased freight rates.
In the business segment Solutions, all relevant contract logistics activities have been retained and key contracts have been prolonged in according tenders. With newly developed concepts and thee setup of state-of-the art logistics facilities in Mönchengladbach and Schwäbisch Gmünd, Logwin has demonstrated its intention and ability to invest into customer projects. Due to activities terminated or divested in previous periods, the revenue in the business segment Solutions has decreased to EUR 380.8 million (2014: EUR 479.5 Mio.).
The EBITA of Logwin group has improved clearly to EUR 30.3 million (2014: EUR 25.1 million). The Net Result has been increased to EUR 15.7 million (2014: EUR 13.8 million).
For the financial year 2016, Logwin expects to continue the pleasing overall development of the group. The targeted development will depend on the partially challenging market conditions and competitive environment of the key markets in Europe and Asia.
Logwin AG (Grevenmacher, Luxemburg) implements efficient logistics and transport solutions for customers from trade and industry. Today the group has about 4,200 employees operating in all major global markets, and has about 180 locations on six continents. Its two business segments Solutions and Air + Ocean, Logwin AG counts among the market leaders.