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CTI Logistics forecasts 75% profit growth in 2026
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CTI Logistics forecasts 75% profit growth in 2026

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  • CTI Logistics announced its pre-tax profit for the 2026 financial year is expected to rise by approximately 75%.
  • The company's share price closed down at $2.20 following the market update.
  • The performance was driven by stronger revenue in May and June alongside higher project demand in Western Australia.

CTI Logistics (ASX:CLX) announced that its full-year profit before tax is expected to increase by approximately 75%.

This projected growth contrasts with a pre-tax profit of $19.7 million recorded during the prior corresponding period.

The company stated that full-year revenue is expected to rise 9% above the previous $325.4 million.

Transport and logistics operations benefitted from increased freight demand in Western Australia and improved fleet utilisation despite facility relocation costs.

Following the announcement, the CTI Logistics share price was down at $2.20.

The company expects to release its final audited financial results for the year in late August.

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