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LOG CP (LOGG3) Q2 Net Profit Drop Masks 104% Adjusted Growth, Aggressive Deleveraging

Brazilian logistics developer LOG CP reported a 32.6% Q2 net profit drop, but strong core metrics point to operational outperformance.

By Tom Becker

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LOG CP (LOGG3) Q2 Net Profit Drop Masks 104% Adjusted Growth, Aggressive Deleveraging
Source: Florida Fish and Wildlife Conservation Commission/Florida Forest Service / Wikimedia Commons (Public domain)

Brazilian logistics developer LOG CP reported a 32.6% Q2 net profit drop, but strong core metrics point to operational outperformance.

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