Comment / Analysis: CEVA's top line goal is 'do-able', proving the turnaround a success

The first-half results of CEVA Logistics indicate that management is righting the ship, despite “market conditions that remain difficult for both air and ocean”, chief financial officer Peter Waller told The Loadstar in an interview today.

Despite widening economic losses, partly attributable to certain non-recurring non-cash items, good progress was made in the growth rate of revenues as well as in operating cash flow trends and free cash flow figures in the second quarter and in the first half of 2017.

In ...