Record year for Logista
For Logista, a Spanish provider of consumer goods logistics, 2019 was the most successful year in its history. Net profit rose by 5.1% to EUR 165 million while turnover grew by 2.8% to EUR 1.149 billion.
Gregorio Marañón, president of the supervisory board: "Logista concluded the best year it its history thanks to its financial strength and operative efficiency." The business segments on the Iberian Peninsula and in France expanded by 20%. In Italy, sales of convenience products also experienced a strong upswing.
Logista's CEO Iñigo Meirás says that the company has restructured its deliveries of tobacco and convenience products to retailers in France. This move has paid off. In Spain, Logista has meanwhile expanded the warehouses for pharma and convenience products. (mw)