CEVA Logistics AG: CEVA Logistics confirms targets as it attends investor conferences Freitag, 07. September 2018 - 15:11

CEVA Logistics AG / Key word(s): Miscellaneous
CEVA Logistics AG: CEVA Logistics confirms targets as it attends investor
conferences

07.09.2018 / 15:10

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CEVA Logistics confirms targets as it attends investor conferences

Baar, Switzerland, 7 September 2018 - CEVA Logistics AG informs the market
that it is attending investor conferences today and in the coming week and
that it has published the conference presentation on its website. As part of
this, we reaffirm our medium-term targets of 4% EBITDA margin and an
improvement in adjusted EBITDA by $100m as well as our expectation to make
progress towards these goals this year.

Ends

For additional information please contact:

Investors:
Pierre Bénaich
SVP Investor Relations
pierre.benaich@cevalogistics.com
+41 41 547 0048

Media:
Matthias Hochuli,
Group Head of Marketing and Communications
matthias.hochuli@cevalogistics.com
Tel: +41 41 547 00 52

CEVA - Making business flow
CEVA Logistics, a global asset-light third-party logistics company, designs
and operates industry leading supply-chain solutions for large and
medium-size national and multinational companies. Its integrated network in
Freight Management and Contract Logistics spans more than 160 countries.
Approximately 56,000 employees are dedicated to delivering effective
solutions across a variety of industry sectors where CEVA applies its
operational expertise to provide best-in-class services. CEVA generated
revenue of $7 billion and adjusted EBITDA of $280 million in 2017. CEVA
Logistics is listed on SIX Swiss Exchange under ticker symbol CEVA. For more
information, please visit www.cevalogistics.com.

Safe Harbor Statement:
This news release contains specific forward-looking statements. These
forward-looking statements include, but are not limited to, discussions
regarding CEVA'sguidance for 2018 and beyond, discussions regarding industry
outlook, CEVA's expectations regarding the performance of its business or
joint ventures, its liquidity and capital resources, and other
non-historical statements. These statements can be identified by the use of
words such as "believes" "anticipates," "expects," "intends," "plans,"
"continues," "estimates," "predicts," "projects," "forecasts," and similar
expressions. All forward-looking statements are based on management's
current expectations and beliefs only as of the date of this news release
and, in addition to the assumptions specifically mentioned in the above
paragraphs, there are a number of factors that could cause actual results
and developments to differ materially from those expressed or implied by
these forward-looking statements, including the effect of local and national
economic, credit and capital market conditions, a downturn in the industries
in which we operate (including the automotive industry and the air freight
business), risks associated with CEVA's global operations, fluctuations and
increases in fuel prices, CEVA's substantial indebtedness, restrictions
contained in its debt agreements and risks that it will be unable to compete
effectively. Further information concerning CEVA and its business, including
factors that potentially could materially affect CEVA's financial results,
is contained in the annual and quarterly reports of CEVA Logistics AG (and
its predecessor CEVA Holdings LLC), available on the Company's website,
which investors are strongly encouraged to review. Should one or more of
these risks or uncertainties materialise or the consequences of such a
development worsen, or should underlying assumptions prove incorrect, actual
outcomes may vary materially from those forecasted or expected. CEVA
disclaims any intention or obligation to update publicly or revise such
statements, whether as a result of new information, future events or
otherwise.