The international transport and logistics company Gebrüder Weiss closed the 2024 fiscal year with net revenues of €2.71bn – up 10% on the previous year.
Wolfram Senger-Weiss, CEO of Gebrüder Weiss, said: “We’re firmly on track. Despite geopolitical and economic tensions, we gained market share and grew, countering the overriding trend.
“By investing in our network, automation and digital innovation, we succeeded in expanding our range of services and developing the transport solutions our customers need – with the explicit aim of guaranteeing supply chain stability.”
In the Air & Sea sector, the group reported the highest increase in revenue with €939mn – up 21% compared to 2023.
The company said this growth was powered by various factors, including the expansion of the networks in the US and Germany, alongside high transport volumes in transpacific trade.
Revenues in the Land Transport and Logistics segment rose by 5% to €1.52bn compared to 2023.
The company’s equity ratio remained steady at 60%, positioning Gebrüder Weiss as a crisis-resistant service provider and dependable employer, the company said.
The workforce across the group’s 180 locations worldwide rose slightly to 8,700 compared to 8,600 in 2023.
Despite the economically challenging environment, the logistics provider adhered to its investment strategy.
During the fiscal year ended, a total of €124mn were devoted to expansion and modernisation measures, environmentally friendly power generation and e-mobility.