Initiative Targets 45% EBITDA Growth and Expansion of Non-Freight Revenue by 2028
LEO Global Logistics (LEO) has officially launched its medium-to-long-term value creation strategy under the Stock Exchange of Thailand’s (SET) JUMP+ initiative. The plan outlines a roadmap to increase the company’s EBITDA by at least 45% from the 2025 baseline, aiming for an additional 50–55 million baht in earnings by 2028.
The JUMP+ project is a strategic framework designed by the SET to help Thai listed companies enhance their corporate value through three core pillars: business growth, good governance, and climate action.
Developing Current & New Trade Lanes
Under the leadership of CEO Kettivit Sittisoontornwong, LEO is prioritizing the expansion of both existing and new trade routes across sea, air, and cross-border sectors.
- Strategic Corridors: High-priority focus is being placed on the Thai-China, Thai-Europe, and Thai-SEA lanes.
- Global Reach: The company is strengthening logistics links with India, the USA, Canada, Japan, and Korea.
- Railway Expansion: A key component of the growth plan involves expanding cross-border rail and trucking services connecting CLMV (Cambodia, Laos, Myanmar, and Vietnam) countries with China.
Diversified Growth and Specialized Services
LEO aims to reduce its dependency on traditional freight by increasing revenue from railway, non-freight, and non-logistics segments to 28–30% of its total portfolio by 2028. This “Diversified Growth” strategy includes the development of high-margin, specialized services:
- LEO Self-Storage: Expanding its footprint in the urban storage market.
- LEO COLDBOTIC: An intelligent, automated warehouse solution specifically designed for high-value items like wine and temperature-controlled products.
- End-to-End One-Stop Service: Integrating these specialized niches to offer a seamless supply chain solution for global customers.
Commitment to Sustainability and Governance
In alignment with global environmental regulations, LEO is accelerating its Green Logistics transition. The company has committed to:
- GHG Reporting: Preparing and verifying Scope 1 and Scope 2 greenhouse gas emissions, with data collection for Scope 3 (key categories) starting by 2027.
- Green Initiatives: Launching solar rooftop projects, deploying EV trucks in its domestic fleet, and offering certified green logistics solutions to help customers meet their own sustainability targets.
The JUMP+ plan also emphasizes strict adherence to good governance, with new policies aimed at preventing corruption and ensuring robust information security.
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