Dachser on course for revenue of five billion euros

DACHSER125Kempten, Munich. 20 March 2013. Dachser closed the 2012 financial year with new record highs in terms of overall revenue and staff numbers. Revenue growth nevertheless slowed to 3.7%. Dachser has set initial growth impulses for 2013 with the acquisitions of the Spanish logistics providers Azkar and Transunion. Including revenues from these acquisitions and expected organic growth, Dachser aims to surpass the 5-billion-euro revenue threshold for the first time in the current fiscal year.

Dachser increased group revenue in 2012 to EUR 4.41 billion, which is 3.7% higher than 2011 (EUR 4.254 billion). 49.8 million consignments weighing 37.5 million tonnes represent an increase of around 1% respectively over the previous year. The number of company-owned branch offices worldwide rose to 347. At the end of 2012, Dachser employed 21,650 staff members worldwide, of whom 8,750 are based at the logistics provider’s international country organizations.

Increased capital investment

“Many of our customers experienced 2012 as an economically extremely unstable year. The economic slowdown in Europe in the second half of the year was exacerbated by a weakening on the air freight routes to and from Asia,” summarizes Bernhard Simon, head of the Dachser management board. “Against this background we succeeded in consolidating the organic growth of the previous years and maintained our stable position on the market. As a family enterprise that takes a long-term approach to planning, we adopted a counter-cyclical approach in 2012 and increased our capital investment by around 10%.” With capital investment totalling EUR 148 million, Dachser continued to strengthen its logistics network last year and thus laid the foundation for further growth.


Revenues of the Dachser business fields

Dachser’s biggest business field, European Logistics, contributed to the group’s revenue in 2012 with EUR 2.661 billion (previous year EUR 2.625 billion) closing the fiscal year with a slight growth of 1.4%. Dachser Food Logistics raised its revenues by 13.2% to EUR 573 million (from EUR 506 million in 2011) and once again proved to be a stabilizing factor independently of the economic fluctuations. The Dachser Air & Sea Logistics business field generated EUR 1.305 billion, realizing a growth in revenues of 7.4%. With Malaysia and Vietnam, the Air & Sea Logistics business field added two new Asian country organizations to the Dachser network.

Gross revenue (EUR billion) 2012 2011 Change
European Logistics 2.661 2.625 + 1.4%
Food Logistics 0.573 0.506 + 13.2%
Air & Sea Logistics 1.305 1.215 + 7.4%
Consolidation* (*excl. revenues from investments of 50% and lower) -0.129 -0.092
Group revenue 4.410 4.254 + 3.7%

Outlook 2013

Dachser plans to continue to invest substantially in the expansion of its European and intercontinental network in the 2013 financial year. “In particular our Iberian acquisitions Azkar and Transunion are currently providing new momentum and growth stimuli,” Bernhard Simon explains. The air and sea freight forwarder Transunion extends the network with additional locations in Turkey, Argentina and Peru. Boosted by the organic growth anticipated in 2013 as well as the consolidated revenues of Azkar and Transunion, Dachser hopes to exceed revenue of five billion euros for the first time in 2013.

“The integration of Azkar and Transunion is making rapid progress. The motivation of the local teams to become a value-enhancing part of Dachser is extremely high,” Bernhard Simon is keen to point out. “Hence we have kicked off the new year with a healthy new sense of dynamism and enthusiasm.”

About Dachser:

In 2012, the internationally operating logistics provider, Dachser, generated total revenue of EUR 4.41 billion and handled 49.8 million consignments weighing a total of 37.5 million tonnes. On 31 Dec. 2012, Dachser employed a staff of 21,650 employees working in 347 profit centres worldwide. For more information visit www.dachser.com.

SOURCE: Submitted by ISIS Communications

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