Gebrüder Weiss reports 6.4% increase in revenue for 2016


Gebrüder Weiss has reported revenues of €1.36bn for 2016, corresponding to an increase of 6.4% year-on-year (2015: €1.28bn).

Wolfgang Niessner, the CEO of Gebrüder Weiss, commented: “Considering the volatile economic situation, we are extremely pleased with these figures. We have laid important groundwork for achieving our corporate aim of Service Excellence, and we have continued to expand our services, enabling us to consolidate our position as an international full-service logistics provider”.

The company’s focus in 2016 has been the ongoing development of the Gebrüder Weiss’ range of services for the high-tech and automotive sectors and the establishment of logistics solutions for producers of consumer products.

In the home delivery segment, Gebrüder Weiss solidified its position in the end-customer delivery (B2C) market in Austria through its two-man handling and assembly services and continued to expand its services in various countries throughout Eastern Europe. In 2016, DPD Austria increased its share of private customers to 17% for parcel shipping services. With a total volume of around 43.8m packages transported, this marked an increase of approximately 2.5m compared to 2015 for DPD, whose co-partner is the Gebrüder Weiss parcel service (GWP).

Gebrüder Weiss took further strategic measures with the continued development of its service portfolio towards Central Asia – along the former Silk Road. The company introduced air and sea transport services as well as intermodal solutions to China and groupage freight services to the Caucasus and Iran. The company added new locations in Russia, Turkey and Kazakhstan. The logistics capacities of the existing branches in southern Germany were also expanded.

The land transport division of Gebrüder Weiss increased its revenue by 5% to €900.7m (2015: €857.7m). In 2016, the Air & Sea business unit recorded revenues of €285.6m, which equates to a decrease of 2.9% (2015: €293.9m).

In the parcel service (CEP) division, revenue increased by 4%, while New Business recorded growth of 31.8%.

In 2017, Gebrüder Weiss is planning to continue its international growth strategy, in particular in Asia and North America, and to open new locations.

Wolfgang Niessner commented: “Key factors in terms of competitiveness include reliability, speed, a high degree of digitisation and highly qualified employees. We are investing specifically in the further development of these fields in order to convince our customers with an even more appealing range of services – and this all over the world”.

Source: Gebrüder Weiss

 

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