In This Article:
Logwin (ETR:TGHN) Full Year 2024 Results
Key Financial Results
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Revenue: €1.44b (up 15% from FY 2023).
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Net income: €64.5m (down 19% from FY 2023).
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Profit margin: 4.5% (down from 6.3% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: €22.41 (down from €27.54 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Logwin Revenues Beat Expectations
Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) was mostly in line with analyst estimates.
The primary driver behind last 12 months revenue was the Air + Ocean segment contributing a total revenue of €1.19b (82% of total revenue). Notably, cost of sales worth €1.29b amounted to 89% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €41.1m (45% of total expenses). Explore how TGHN's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 6.2% growth forecast for the Logistics industry in Europe.
Performance of the market in Germany.
The company's shares are down 1.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Logwin has 1 warning sign we think you should be aware of.
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