CTI Logistics Limited has announced a significant trading update for financial year 2026 (FY2026).
In a statement released to the ASX by the Board, CTI Logistics advised its profit before tax for FY2026 is expected to be approximately 75 per cent higher than the previous corresponding period’s figure of $19.7 million.
The improvement has reportedly been supported by strong revenue growth in May and June.
Thus, full year revenue is expected to be approximately nine per cent higher than the business’ $325.4 million figure achieved in financial year 2025.
“CTI’s transport and logistics operations have benefitted from increased demand across freight services
and project work in Western Australia,” CTI Logistics said.
“This has been complemented by improved fleet utilisation and continued focus on cost control, and after incurring holding and relocation costs associated with the newly completed Lakes Road facility in Hazelmere.”
CTI Logistics noted the commentary in its announcement is based on unaudited financial information.
The company is planning to release its audited financial results for the year ended 30 June 2026 in late August.
In other news, the New South Wales Government has announced the successful contractor to deliver a new, more durable crossing at Mitchells Causeway.
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