The Raben Group has announced its financial results for 2019, reporting approximately an 8% year-on-year increase to produce revenues of €1.25bn. The main industries served by the company in 2019 were food (27%), consumer technologies (21%), automotive (20%), retail (12%) chemicals (11%), non-food FMCG (9%).
In 2019, in the European logistics network, traditionally the largest share of services provided by Raben Group was road transport (66%), followed by contract logistics (13%), FTL (8%), Fresh Logistics (8%), lead logistics provider (4%) and finally sea & air (1%).
“We are adding more and more locations and new countries to our European network: last year Bulgaria joined our family, we are also expanding our business in Germany and Italy. We already have many good domestic distribution networks, and the domestic network is like a human being. It’s the backbone which can support the whole body. This means we can run international business; we can offer sea freight, air freight, contract logistics. If there is no backbone of the domestic distribution network in the country, we perceive it as a bad set-up,” said Ewald Raben, CEO Raben Group.
Source: Raben Group
