Leo Global Logistics (LEO) signals a positive trajectory for the third quarter of 2026, benefiting from the global export season, and anticipates continued growth into the fourth quarter, which is a period of accelerated imports for Christmas and New Year festivities. The company is confident that its performance will remain robust as planned. Mr. Kettivit Sittisuntornwong, Chief Executive Officer, revealed during an earnings call on September 3, 2026, that the company targets an EBITDA growth of 15% per year from 2026 to 2028 under the JUMP+ plan. In the first half of the year, it already achieved 15%, and aims to accumulate growth of no less than 45% by 2028, equivalent to a value of 50-55 million baht compared to the 2025 base year. Non-Freight and Non-Logistics businesses have reached a revenue share of 20%, ahead of the long-term target of 28-30% in 2028. Meanwhile, subsidiary businesses are performing exceptionally, such as LEO Self Storage's Rama 4 branch with a 113% occupancy rate, and the Container Depot business with a 48% increase in volume from the previous quarter and 189% from the previous year. Rail transport business grew 27% in the first half compared to the same period in 2025. The strategy for the second half focuses on expanding trade lanes in India, China, ASEAN, North America, and Europe, developing end-to-end services, particularly in sea freight targeting electronics customers benefiting from AI and data centers, and advancing green business initiatives to foster sustainable growth and good returns for shareholders.
Leo Global Logistics Public Company LimitedLEO expects Q3/Q4 gains from global export season and accelerated holiday imports, with subsidiary volumes (container depot +48% QoQ, rail +27%) and new trade lanes driving growth.
