Germany's Logwin expands forwarding network
PRESS RELEASE 21 June 2024 Logwin expands its global network by founding Logwin Baltics SIA in Riga, ...
© Khunaspix Dreamstime.
Grevenmacher (Luxembourg) – The Logwin Group had a successful year 2014: Operating result (EBITA) rose to EUR 25.1m in financial year 2014 (2013: EUR 12.0m). The decline in consolidated sales from EUR 1,219.7m in the prior year to EUR 1,129.4m in 2014 is in line with expectations due to the divestments made in the prior year. The financial strength of Logwin is further demonstrated by a net liquidity of EUR 50.8m. Both business segments Solutions and Air + Ocean contributed to the significant improvement in operating results.
Comment on this article