Wednesday 26th Oct 2016 - Logistics Manager

Norbert sales rise

Norbert Dentressangle’s sales rose 22 per cent in the first half to 1,706 million euros reflecting the consolidation of TDG from 1st April as well as organic growth of 6.6 per cent.

Logistics revenue grew 21.9 per cent to 730m euros. On a like-for-like basis, logistics revenue was up 4.3 per cent in H1 2011, continuing the organic growth trend observed in the first quarter.

Transport revenue was up 17.7 per cent to 967m euros. The impact of higher diesel fuel prices on selling prices was around 2.5 per cent.

Freight forwarding sales were 32m euros – up from 2m euros last year reflecting the acquisitions of the Schneider and TDG forwarding businesses.

Chief executive François Bertreau said: “Our transport and logistics activities in the UK have maintained a very satisfactory growth and profitability trend during this first half year. Since 1st April 2011, former TDG activities are consolidated and the operating integration is on track.”