Independent journal on economy and transport policy
14:42 GMT+1
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German BLG Logistics has closed 2013 with a bending of the economic results
the volume of transactions has grown of +3.1%
May 7, 2014
In the exercise anniversary 2013 logistic group German BLG Logistics has recorded a bending of the economic results against an light increment of the revenues. Last year the volume of transactions of the company is piled to 1,18 billion euros, in increase of +3.1% regarding 1,14 billion euros in 2012. The division of the group that work logistic services for the new automobiles of factory has recorded revenues for 434,7 million euros (+3.7%) and the division that offers services of contract logistics for 422,0 million euros (+4.1%). The division Logistics Container, that it is constituted by joint venture joint Eurogate between BLG and Eurokai and that 11 work container terminal and activity of intermodal transport, has totaled revenues for 328,6 million euros (+0.5%). We remember that in the 2013 harbour terminal of Eurogate they have enlivened a traffic of the container pairs to 14,2 million teu(of 6 February 2014).
budget 2013 of group BLG shows an EBITDA of 129,1 million euros, in increase of +0.4% on the year precedence, and an operating result (EBIT) of 50,3 million euros, with a decrease of -21,9%. Exercise 2013 has been archived item with a profit clearly of 2,0 million euros respect to a profit clearly of 41,2 million euros in 2012.
the single division Automobile, than in 2013 has enlivened 7,5 million vehicles with an increment of 100 thousand unit approximately regarding the year precedence, last year has recorded an EBITDA of 33,2 million euros (- 2.3%) and a EBIT of 9,8 million euros (- 55.4%), the division Contract Logistics an EBITDA of 30,8 million euros (- 2.5%) and a EBIT of 15,7 million euros (- 11.2%) and the division Logistics Container an EBITDA of 77,7 million euros (+1.0%) and a EBIT of 38,5 million euros (- 2.9%).
the BLG managing director previews that this year they will continue to permanere the difficulties found in 2013: "for 2014 - Frank Dreeke has explained - the economic forecasts indicate another difficult financial year. We will go to any length in order to do so as that our activity genres useful and in order to put into effect in coherent way the new programs of restructure, development and efficiency". The German group previews to last year record 2014 with an light increase of the revenues and analogous operating result to that.
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