Logwin reports revenue growth in the first half of 2026

In the first half of 2026, the Logwin Group further strengthened its position in a persistently challenging competitive environment. Supported by stable demand for international transportation and logistics services as well as higher air and ocean freight rates, revenues increased to EUR 737.4m (2025: EUR 692.3m). Despite ongoing geopolitical tensions and an unchanged highly competitive market environment, Logwin benefited from stable customer demand, additional transport volumes and the continued expansion of its global network. The operating result (EBITA) amounted to EUR 38.0m (2025: EUR 42.5m), while net profit for the period amounted to EUR 26.6m (2025: EUR 30.6m).

Growth in both business segments

Group revenues increased to EUR 737.4m during the reporting period (2025: EUR 692.3m). Both business segments contributed to this positive development. Revenues in the Air + Ocean business segment rose to EUR 608.4m (2025: EUR 566.7m), driven primarily by higher volumes across the global network and increased air and ocean freight rates. The Solutions business segment also delivered a pleasing performance, generating revenues of EUR 130.6m (2025: EUR 126.9m). The successful acquisition of new business and a focused approach towards attractive market segments compensated for the loss of individual customer accounts.

Profitable business model in a demanding market environment

Despite a lower gross margin and an intense competitive environment, operating result (EBITA) remained at a good level of EUR 38.0m (2025: EUR 42.5m). Logwin benefited from higher transport volumes and a stable business performance across both business segments. In the Air + Ocean business segment, operating result amounted to EUR 30.8m (2025: EUR 34.3m). At the same time, investments in the expansion of the international network and the market entry into the United States underline the Group’s long-term growth strategy. The Solutions business segment generated an operating result of EUR 12.0m (2025: EUR 13.2m). The focus on profitable activities contributed to a satisfactory earnings performance and offset the loss of individual customer accounts.

Solid financial position

The Logwin Group’s financial position remained robust as of 30 June 2026. The equity ratio stood at 48.4% (31 December 2025: 50.1%), while net liquidity amounted to EUR 275.2m (31 December 2025: EUR 324.8m).

Free cash flow amounted to EUR -20.9m (2025: EUR 0.6m). This was primarily driven by higher capital expenditures and increased working capital requirements at the reporting date associated with the revenue growth in the first half of the year. At the same time, Logwin continued to invest selectively in infrastructure and the further expansion of its international network.

Strategic expansion of U.S. activities

By acquiring activities from a long-standing cooperation partner, Logwin strengthened its presence in the U.S. market during the first half of the year. The acquisition expands the Group’s global network in a strategically important market and creates additional growth opportunities in both transpacific and transatlantic trade lanes.

Outlook for 2026 confirmed

Against the backdrop of the continued stable development of global trade, the Logwin Group confirms its outlook for the 2026 financial year. The forecast for the 2026 financial year published in the 2025 Annual Financial Report therefore remains unchanged.

The Interim Financial Report as of 30 June 2026 of Logwin Group is available on the internet at:

www.logwin-logistics.com