12.06.2020
Artikel Nummer: 32354
BLG Logistics shows solid performance in 2019
BLG Logistics reported sales of 1.159 billion in FY 2019, 1.5% up from 2018. Earnings before tax amounted to EUR 37.5 million.
Automobile was the strongest division in terms of sales, generating EUR 603.7 million in 2019. Sales revenue climbed by 9.1% compared to the previous year. The contract logistics and container divisions posted slight declines, though.
Currently, the BLG Group is not able to give a reliable forecast for business development in 2020. CEO Frank Dreeke anticipates that original expectations cannot be met. However, he emphasises that BLG Logistics has a solid financial basis and a robust position. He is confident that it will weather the storm. (mw)