Overall economic conditions Grevenmacher (Luxembourg) - Global economic development was subdued in the first nine months of 2024. Despite initial interest rate cuts by several central banks, including the European Central Bank, global monetary policy remained restrictive overall. After a period of stagnation, the European economy picked up slightl [ … ]

Grevenmacher (Luxembourg) – The Logwin Group's revenue of EUR 643.5m in the first half of 2024 was slightly lower than in the previous year (EUR 673.0m). The decline in revenue is partly due to the disposal of the retail network activities in the first quarter of 2023. Adjusted for one-off effects, sales remained at the previous year's level. The d [ … ]

Overall economic conditions Grevenmacher (Luxembourg) – The global economy continued to expand modestly in the first quarter of 2024. Global trade stabilized despite the negative impact of the conflicts in the Middle East. The absence of supply shortfalls for energy, raw materials and certain intermediate products as well as lower commodity and en [ … ]

Grevenmacher (Luxembourg) - In October 2023, Logwin AG submitted an application to the German Federal Central Tax Office in accordance with Section 27 (8) of the German Corporate Income Tax Act (application for the qualification of a so-called retribution of additional capital contribution) for 2023 distribution. The Federal Central Tax Office has  [ … ]

Grevenmacher (Luxembourg) – The Logwin Group achieved a satisfactory revenue and earnings performance in 2023 in a difficult market environment. In line with expectations, Group revenue of EUR 1,257.5m was significantly below the previous year's level (2022: EUR 2,259.0m), mainly due to lower freight rates as a result of changed market conditions.  [ … ]