Profit Guidance
| Stock | Cti Logistics Ltd (CLX.ASX) |
|---|---|
| Release Time | 25 Jun 2026, 6:32 p.m. |
| Price Sensitive | Yes |
CTI Logistics Ltd Profit Guidance
- Expected profit before tax to increase by approximately 75% for the year ended 30 June 2026
- Full year revenue expected to rise by about 9% from the previous year
- Increased demand and improved fleet utilization driving the growth
CTI Logistics Ltd has issued a trading update for the year ended 30 June 2026, indicating a significant improvement in financial performance. The company anticipates a profit before tax approximately 75% higher than the previous year's $19.7 million. Full-year revenue is expected to be about 9% higher than the previous year's $325.4 million. The improvement is attributed to robust revenue growth in May and June, increased demand in freight services and project work in Western Australia, enhanced fleet utilization, and effective cost control measures. These factors have been partially offset by holding and relocation costs related to the newly completed Lakes Road facility in Hazelmere. The financial results for the year ended 30 June 2026 are based on unaudited information, with audited results expected to be released in late August 2026.
Profit before tax expected to be 75% higher, revenue up by 9% for FY2026
CTI Logistics Ltd expects continued growth driven by increased demand and operational efficiencies.