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18 July 2019 The on-line newspaper devoted to the world of transports 11:05 GMT+2

May 17, 2016

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In the 2015 GEFCO has recorded a turnover of 4,2 billion euros (+3%)

EBITDA in decrease of the -18%

In 2015 logistic group French GEFCO has recorded a turnover of 4,2 billion euros, with an increase of +3% regarding the exercise anniversary precedence. The EBITDA has turned out pairs to 131 million euros, in decrease of the -18% regarding 160 million euros in 2014. The group has specified that the reasons of the bending of the EBITDA are riconducibili to a series of factors which collapse of the price of the oil, the economic crisis that has hit hardly countries as Russia and Brazil or still the difficulties which met from the automotive houses in South America and Russia.

"In 2015, in spite of an unstable world-wide economic context - the president of the group has commented, Luc Nadal - GEFCO has reached of the good results and has succeeded to improve own position of total logistic operator. The group - Nadal has remembered - has strengthened its international presence with the acquisition and filial new opening of Global Dutch IJS, widening at the same time the logistic offer and the pocketbook customers".

Moreover the French group has emphasized to have produced in last the three years a cash flow available of 173 million euros, with a lowest level of indebtedness, mirror of a solid situation financial institution, and has evidenced that the plan of improvement started on half 2014 in order to increase to the flexibility of the costs and the model of business "assets-light" of the group have contributed to an effective management of the costs from the society.

Evergreen Line
Vincenzo Miele

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