Logistics group reports on strong growth and an expanded market position in 2024
Hellmann Worldwide Logistics has announced its financial results for 2024, reflecting ”significant growth, expanded reach in key markets, and a solid financial foundation”.
Despite what it called a ”challenging market environment”, Hellmann said it achieved a revenue increase of 9 per cent to €3.8bn last year.
”This growth highlights the company’s strong performance and reinforced global market position,” it stated.
”Hellmann’s ability to outperform in a volatile market is further demonstrated by its gross profit development, which exceeded the industry average.”
The number of shipments remained stable at 20mn, while it also saw a 10 per cent increase in equity to €444mn.
“Thanks to our great team around the world, we were able to continue our growth journey also in 2024 – despite ongoing challenges in the market,” said Jens Drewes, CEO Hellmann Worldwide Logistics.
“Building on this solid foundation we are ready to enter the next strategic stage and accelerate international growth – side by side with our customers.”
CFO Martin Eberle said that the company’s strong 2024 financial results reflected the robustness of its business model and the strength of its global network.
“The strong increase in revenue and equity positions us well for the next phase of growth,” he added. ”We remain focused on driving financial performance while investing in innovation and sustainability.”
