Independent journal on economy and transport policy
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Strong recovery in the financial performance of the GEFCO group in the second quarter
Revenues up by +74.4%
October 22, 2021
In the second quarter of 2021 alone, revenues stood at 1.08 billion euros, with an increase of +74.4% on corresponding period of last year (when the turnover had suffered a decrease of -50.1% on the second quarter of the 2019). The Overland and contract logistics division has implemented revenues of € 509.1 million (+68.6%) and logistics activities at the service of the automotive industry have totaled revenues amounted to € 432.1 million (+103.0%). Less sensitive is the growth of revenues generated by air and sea shipments that were amounted to 113.8 million euros (+27.4%). Logistics services to industry produced revenues of 25.8 million euros (+66,5%).
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