Saturday 16th Feb 2019 - Logistics Manager Magazine

Vanderlande’s profits double

Vanderlande’s operating profit increased from £7.2m in 2004/5 to £16.7m in 2005/6.

Peter Gerretse, president and chief executive officer, said that the growth was on the back of some important orders including high street retailer, Next and Heathrow’s new Terminal 5.

He said: “We can look back on an extremely strong year with a 12 per cent growth in order intake, net sales 31 per cent higher and a more than doubled result.”

Vanderlande has also increased its employee numbers by 144 to 1,345 in the past year.