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  • Photo: FM Logistic

04.06.2021

Artikel Nummer: 36731

FM Logistic catching up


FM Logistic, a French logistics Group founded in 1967, has reported its results for the 2020 financial year. Turnover, at EUR 1,4 billion, declined by 3.6% compared to the previous year.

 

Besides the economic slowdown caused by Covid-19 in spring 2020, an unfavourable currency impact of EUR 73 million also affected the results. These factors were partially offset by a strong recovery in activity in H2/2020.

 

Store sales increased 1.5% y-o-y. Profit before interest and taxes (ebit) amounted to EUR 38.8 million, 8.7% below the level of 2019.

 

Jean-Christophe Machet, president of FM Logistic, remains optimistic: "We signed EUR 207 million in new contracts between April 2020 and March 2021, half of which relates to omnichannel and urban logistics.” (sh)

www.fmlogistic.com

 

 

 

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