24/08/2026
Ethiopian Investment Holdings (EIH) has officially commenced its 2018 EFY Annual Performance Review Session, beginning with Ethiopian Shipping and Logistics (ESL).
During the year, ESL delivered a strong performance, transporting more than 7 million tons of cargo and achieving 28% year-on-year revenue growth. Despite operating primarily along the Red Sea corridor amid heightened security risks and geopolitical disruptions, the company maintained a solid EBITDA margin of 17%, demonstrating business resilience.
As competition in the logistics sector continues to intensify, the review highlighted the need to further strengthen service integration, expand services, and sustain a strong focus on operational efficiency, service quality, and asset utilization. These priorities will be critical to strengthening ESL’s competitive position, enhancing customer value, and supporting sustainable long-term growth.
Source:- EthiopianInvestmentHoldings