Guidance Update:
The press release that accompanies the Q2â2025 results does not contain any revised guidance or outlook for either 2025 or 2026. The companyâs commentary is limited to reporting a 16.8âŻ% increase in logistics revenue, a continued reduction in debt, and the resulting strengthening of the balance sheet. No forwardâlooking earnings, EBITDA, or capitalâexpenditure guidance was disclosed for the current year or the next fiscal cycle.
Trading Implications:
Because management has not altered its 2025â2026 outlook, the marketâs expectations for the company remain anchored to the prior guidance released earlier in the year (or the most recent guidance on file). The absence of a revision suggests that management is confident that current operating trendsâparticularly the strong revenue growth and improved liquidityâwill be sufficient to meet previously set targets. Traders should therefore treat the stockâs price action as a response to the operational beat (higher revenue, lower leverage) rather than a change in fundamentals. If the share price has already rallied on the Q2 beat, the next catalyst will be the next earnings release or any explicit guidance update. In the meantime, a neutralâtoâslightlyâbullish stance is warranted for shortâtoâmidâterm positions, with a watchful eye on any forthcoming guidance statements that could shift the valuation narrative.