28.01.2022 Logwin AG  LU1618151879

DGAP-Adhoc: Logwin AG: Preliminary financial result - Logwin with unexpected positive overall development in the 2021 financial year


 

DGAP-Ad-hoc: Logwin AG / Key word(s): Preliminary Results/Annual Results
Logwin AG: Preliminary financial result - Logwin with unexpected positive overall development in the 2021 financial year

28-Jan-2022 / 15:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 (market abuse regulation)


Preliminary financial result - Logwin with unexpected positive overall development in the 2021 financial year
 

Grevenmacher (Luxembourg) - The Logwin Group announces preliminary, not yet finally audited financial result for 2021, which are above the previous forecasts.
 

Based on the preliminary financial result, the Logwin Group's sales increased by 64.9 % to EUR 1,851.8 million in the financial year 2021 (2020: EUR 1,123.3 million) due to volume and transport rate factors. The volume development and high freight rates in ocean and air freight in the business segment Air + Ocean were the main reason for this development. The business segment Solutions also achieved sales slightly above the previous year's level. The Logwin Group achieved operating earnings (EBITA) of EUR 100.9 million (2020: EUR 47.8 million) in the past financial year on the basis of the preliminary financial result, thus exceeding the previous year's result very significant by EUR 53.1 million. At EUR 63.5 million (2020: EUR 34.7 million), the net result for the financial year 2021 is expected to be around EUR 28.8 million higher than the previous year's figure. The result for the period takes into account an extraordinary write-down on the goodwill of the business segment Solutions in the amount of EUR 9.0 million as a result of the planned goodwill impairment test as of 31 December 2021. Based on the earnings development, Free Cash Flow is expected to be around EUR 89 million (2020: EUR 19 million), which is also very significantly higher than in the previous year. The above-mentioned key figures are preliminary and therefore subject to the ongoing finalization of year-end financial accounts.
 

Further information on the business development will be available in the Annual Financial Report 2021, which is expected to be available at www.logwin-logistics.com from the beginning of March 2022.
 

The aforementioned key performance indicators (KPIs) are an integral part of Logwin Group's system of key figures and are described and defined in the section "Financial Performance Management" of the management report of the Annual Financial Report 2020 in line with the European Securities and Markets Authority's (ESMA) Guidelines on Alternative Performance Measures (APM) dated 5 October 2015.
 

Person making the notification: Sebastian Esser, Member of the Board of Directors (Chief Financial Officer)

 

About Logwin AG

Logwin AG (Grevenmacher, Luxembourg) provides efficient logistics and transport solutions for its customers from industry and trade. In 2021, the group generated sales of EUR 1.9bn and currently employs about 4,100 staff. Logwin operates in all main markets worldwide and has around 190 locations on six continents. With its two business segments Solutions and Air + Ocean, Logwin AG is one of the leaders in the market.
 

Logwin AG is listed in the Prime Standard of the Deutsche Börse. The majority shareholder is DELTON Logistics S.à r.l., Grevenmacher, Luxembourg.
 

Contact: www.logwin-logistics.com
Sebastian Esser

Chief Financial Officer
Tel: +352 719690-1112
[email protected]


28-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Logwin AG
an de Längten 5
L-6776 Grevenmacher
Luxemburg
Phone: +352 719 690 0
Fax: +352 719 690 1359
E-mail: [email protected]
Internet: www.logwin-logistics.com
ISIN: LU1618151879
WKN: A2DR54
Indices: Prime All Share (PXAP), Classic All Share (CLXP), DAXsector All Transportation & Logistics (4N87), DAXsector Transportation & Logistics (CXPL), DAXsubsector All Logistics (4N99), DAXsubsector Logistics (I1LB)
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1274249

 
End of Announcement DGAP News Service

1274249  28-Jan-2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 990,16 1.119,12 1.149,61 1.130,32 1.123,30 1.851,84 0,00
EBITDA1,2 35,51 39,22 50,41 47,59 48,19 102,07 0,00
EBITDA-Marge3 3,59 3,50 4,38 4,21 4,29 5,51 0,00
EBIT1,4 35,51 38,15 49,18 47,59 47,75 91,99 0,00
EBIT-Marge5 3,59 3,41 4,28 4,21 4,25 4,97 0,00
Jahresüberschuss1 26,35 26,68 39,19 35,38 34,73 63,51 0,00
Netto-Marge6 2,66 2,38 3,41 3,13 3,09 3,43 0,00
Cashflow1,7 32,81 31,64 47,44 65,44 67,74 125,89 0,00
Ergebnis je Aktie8 8,98 9,10 13,40 12,09 11,94 21,80 15,50
Dividende8 2,00 2,50 3,50 3,50 3,50 6,00 4,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Logwin
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2DR54 262,000 Halten 755,71
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
29,11 13,41 2,17 25,86
KBV KCV KUV EV/EBITDA
2,86 6,00 0,41 5,75
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
3,50 6,00 2,29 08.04.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.04.2021 23.07.2021 29.10.2021 03.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,92% 2,36% -1,50% 35,75%
    
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Logistik/Verkehr , A2DR54 , TGHN , XETR:TGHN