• Revenue of $287.9 million, up 4.1% on prior period
• Underlying EBITDA of $47.9 million, up 0.4% on prior period
• Underlying EBIT of $15.6 million, down 14.3% on prior period

Silk Logistics Holdings Limited (ASX: SLH) has announced its half-year results for the period ending 29 December 2024 (1HFY25). The company reported revenue of $287.9 million, an increase of 4.1% on the prior corresponding period (pcp). Underlying EBITDA was $47.9 million, an increase of 0.4% on pcp, while Underlying EBIT was $15.6 million, a decrease of 14.3% on pcp. The decrease in EBIT was impacted by non-recurring items totalling approximately $1.8 million. Silk Managing Director & CEO John Sood highlighted the company's focus on further integrating the Secon business, where significant demand and an opportunity to capture greater market share of the bulk containerised market were observed. The company also noted improving external conditions in certain segments of the business, specifically a stabilisation in the transition from 'just in case' to 'just in time', resulting in improving occupancy levels throughout the half, excluding Kenwick 2 in Western Australia (K2). Silk's strong customer service ethos was reflected in the majority of revenue being generated from existing customers.