R-LOGITECH S.A.R.L achieves consolidated revenues of EUR 56.4 million and an operative profit of EUR 8.8 million in the first half of 2018 • Three terminals secured, six terminals in negotiation

Monaco, 22 August 2018 – R-LOGITECH S.A.R.L, an international specialist for strategic logistics and technology services for global merchandise flows, looks back on a satisfactory first half of 2018. With consolidated revenues of EUR 56.4 million, the company achieved a half-year gross profit of EUR 27.1 million, an operative profit of EUR 8.8 million and an EBT of EUR 6.9 million. The Group equity ratio was 33.4% as of 30 June 2018 (equity of EUR 32.7 million).

After R-LOGITECH acquired several entities of Necotrans in October 2017, the integration is on track and will be successfully completed by year end.  In addition, two land terminals and one sea terminal were contractually secured. For six additional terminals, R-LOGITECH is in advanced negotiations.

Against this background and on the basis of the first-time full consolidation of the former Necrotrans entities, the company expects to increase consolidated revenues for the full year 2018 to over EUR 120 million.

The consolidated financial statements for the first six months of 2018 are available for downloading on the company’s website at www.r-logitech.com in the “bond” section.

 

About R-LOGITECH S.A.R.L:

As a strategic logistics provider for a large number of African markets, R-LOGITECH manages ports and terminals with great reliability and high efficiency. The company additionally provides various logistics, transport, technology and procurement solutions for numerous international customers. In doing so, R-LOGITECH benefits from the long-standing know-how, the technical expertise of the European branches in Paris, Vienna, London and Monaco as well as from a strong international network in agricultural and industrial goods.

 

For further information:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0)89 8896906-25
linh.chung@better-orange.de

Fabrice Viguier (CEO)
R-LOGITECH S.A.R.L
+377 97 98 67 71
investorrelations@r-logitech.com