Independent journal on economy and transport policy
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In the first half of 2017 logistic group GEFCO it has recorded an EBITDA in increase of +25.8%
the revenues are piled to 2.262 billion euros (+1.9%)
September 20, 2017
Logistic group GEFCO, that he is European leader in the logistics automotive, has announced to have concluded the first semester of this year with revenues pairs to 2.262 billion euros, in increase of +1.9% on the first half of 2016, and with an EBITDA of 15 million euros (+25.8%).
GEFCO has specified that the increment of the volume of transactions is determined above all by the resumption of the European automotive market, from the consolidation of the economy in Europe and from the constant widening of the pocketbook customers world-wise. As for the EBITDA - it has specified the group - the meaningful increase has been favorite from launch proattiva politics from GEFCO turns to optimize the procurement and to reduce the fixed costs; moreover the business model "asset-light" of the group has contributed to an effective management of the costs by the company.
"To half year - it has emphasized the president of the group, Luc Nadal - GEFCO confirmation the positive trend of its operating performance and financial institution already which showed in 2016, with an EBITDA in increase of 25.8%. Moreover, the increase of the turnover of 1.9% demonstrates to the force of our relations with the historical customers and the continuous and solid commercial development of a more and more wide base customers, in which we have recorded an increment of 6%".
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Logistic group GEFCO, that he is European leader in the logistics automotive, has announced to have concluded the first semester of this year with revenues pairs to 2.262 billion euros, in increase of +1.9% on the first half of 2016, and with an EBITDA of 15 million euros (+25.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
