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Logwin AG: Logwin continues with positive overall development and improved earnings in FY 2015 (news with additional features)

DGAP-News: Logwin AG / Key word(s): Final Results
Logwin AG: Logwin continues with positive overall development and improved
earnings in FY 2015 (news with additional features)

29.02.2016 / 16:55
The issuer is solely responsible for the content of this announcement.

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Logwin continues with positive overall development and improved earnings in
FY 2015

Grevenmacher (Luxembourg) - The Logwin Group with its two activities of Air
+ Ocean and Solutions has developed positively and has improved its
earnings position in FY 2015. The Group revenue remained stable against the
previous year at EUR 1.1 bn.

The successful global air and ocean activities have been able to increase
volumes and shipment numbers based on their successful sales activities.
The revenue of the business segment Air + Ocean has increased by 4.3
percent to EUR 676.1 million (2014: EUR 648.1 million) in spite of the
decreased freight rates.

In the business segment Solutions, all relevant contract logistics
activities have been retained and key contracts have been prolonged in
according tenders. With newly developed concepts and thee setup of
state-of-the art logistics facilities in Mönchengladbach and Schwäbisch
Gmünd, Logwin has demonstrated its intention and ability to invest into
customer projects. Due to activities terminated or divested in previous
periods, the revenue in the business segment Solutions has decreased to EUR
380.8 million (2014: EUR 479.5 Mio.).

The EBITA of Logwin Group has improved clearly to EUR 30.3 million (2014:
EUR 25.1 million). The Net Result has been increased to EUR 15.7 million
(2014: EUR 13.8 million).

At EUR 33.1 million, net cash flows came in clearly above the previous
year's value (2014: EUR 13.7 million). Based on the positive result and the
very successful working capital management, cash inflows from divestments
added to the pleasing cash flow development. The financial strength of
Logwin Group has been further improved consequently. Net liquidity after
short-term financial liabilities was at EUR 77.3 million at year end 2015
(2014: EUR 50.8 million), with the equity ratio reaching 31.6 % (2014: 27.9
%).

For the financial year 2016, Logwin expects to continue the pleasing
overall development of the Group. The targeted development will depend on
the partially challenging market conditions and competitive environment of
the key markets in Europe and Asia.

The full Annual Financial Report 2015 will be available as of March 2015
and can be downloaded from www.logwin-logistics.com.

About Logwin AG
Logwin AG (Grevenmacher, Luxembourg) provides efficient logistics and
transport solutions for its customers from industry and trade. In 2015, the
group generated sales of EUR 1.1bn and currently employs about 4,200 staff.
Logwin operates in all main markets worldwide and has around 180 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 AG, Bad Homburg (Germany).

Contact: www.logwin-logistics.com
Sebastian Esser
Chief Financial Officer
Phone: [phone]
[e-mail]

Logwin AG | ZIR Potaschberg | 5, an de Längten | 6776 Grevenmacher |
Luxembourg | www.logwin-logistics.com




Contact:
Public Relations
P: 00352/719690-1354
F: 00352/719690-1359
[e-mail]


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Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=YCMGFKYNQM
Document title: Logwin continues with positive overall development and
improved earnings in FY 2015

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29.02.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Logwin AG
an de Längten 5
L-6776 Grevenmacher
Grand Duchy of Luxembourg
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.logwin-logistics.com
ISIN: LU0106198319
WKN: 931705
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, Munich,
Stuttgart


End of News DGAP News Service
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441279 29.02.2016