The Logwin Group’s revenue of EUR 643.5m in the first half of 2024 was slightly lower than in the previous year (EUR 673.0m). The decline in revenue is partly due to the disposal of the retail network activities in the […]
Author: Firma Logwin
Logwin expands its global network by founding Logwin Baltics SIA in Riga, Latvia
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Logwin Air + Ocean is increasing its presence in the international logistics market and investing in the expansion and improvement of its global network. Through Logwin Baltics SIA, newly founded in May 2024 and based in Riga, Latvia, Logwin employees […]
Logwin Wings for Life World Run
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With their impressive performance at this year’s Wings for Life World Run, the Logwin Racers not only demonstrated their athletic endurance but also their determination and teamwork – qualities that also come into play in their daily work in the […]
Earnings development in the first quarter of 2024 affected by intensified price competition despite rising volumes
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Overall economic conditions The global economy continued to expand modestly in the first quarter of 2024. Global trade stabilized despite the negative impact of the conflicts in the Middle East. The absence of supply shortfalls for energy, raw materials […]
Logwin 2023 with satisfactory development in a difficult market environment
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The Logwin Group achieved a satisfactory revenue and earnings performance in 2023 in a difficult market environment. In line with expectations, Group revenue of EUR 1,257.5m was significantly below the previous year’s level (2022: EUR 2,259.0m), mainly due to lower […]
Logwin AG – Announcement of the proposal for the distribution to shareholders in 2024
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The Board of Directors of Logwin AG intends to propose to this year’s Annual General Meeting 2024 to resolve a distribution of EUR 14.00 per share (previous year: EUR 24.00 per share) for the financial year 2023. This proposed resolution […]
Logwin raises forecast for the net result for FY 2023
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Based on first preliminary and unaudited figures for 2023, the Logwin Group increases its forecast for the net result of the past financial year. While the operating result (EBITA*) of the Logwin Group is expected to be around EUR 91.0m […]
Logwin increases its presence in Oceania by acquiring a majority stake in Supply Chain International Limited, New Zealand
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Logwin Air + Ocean has increased its existing stake in Supply Chain International Limited, based in Auckland, New Zealand to a majority shareholding of 80 percent as of 1st January 2024. The two remaining shareholders will stay associated with the […]
Logwin Air + Ocean strengthens position in the Netherlands with acquisition of ATL Logistics BV in Amsterdam
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Logwin Air + Ocean has acquired all shares of ATL Logistics BV in Amsterdam on December 1, 2023. At the same time, the previous shareholder Joshua van Andel will acquire a minority stake in the Dutch Logwin organization and will […]
Logwin with satisfactory sales and earnings development in a challenging market environment
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Overall economic conditions Grevenmacher (Luxembourg) – Against the background of tightened global monetary policy measures to counter inflation, the global economy has expanded only moderately in the course of this year. With supply bottlenecks easing and inflation rates declining compared […]