Ceva Logistics AG reported earnings guidance for the second quarter 2018. The company expects revenue growth of approximately 7.3% versus the prior year comparable period for the Group, with revenue increasing approximately 5.1% in constant currency. Freight Management revenue growth is estimated at approximately 5.4% while revenue growth in Contract Logistics has accelerated to approximately 4.7%, both in constant currency. Major industry sectors, including automotive, continue to exhibit good growth. The company anticipates Adjusted EBITDA for the second quarter to be approximately $77 million, an increase of approximately $7 million over the prior year comparable period. This represents an EBITDA margin of approximately 3.6%, up approximately 30 bps year on year in constant currency. The company has made progress in productivity, cost reduction and other margin improvement initiatives. For the first six months of 2018, Adjusted EBITDA is expected to be approximately $143 million, $19 million higher year on year, with revenue growth of approximately 5.2% in constant currency. The company expects net capex to be approximately $47 million for the first six months of 2018 compared to $48 million in the prior year comparable period. The company anticipates net debt as of 30 June 2018 to be approximately $1,132 million compared to $2,228 million as of 31 March 2018.