enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

search image top2

First destination from new Istanbul airport to be Northern Cyprus
ISTANBUL: July 14, 2018. According to a report by ...

Read more

Amerijet to adopt indexed fuel surcharge mechanism
MIAMI: July 12, 2018. Amerijet International Airli...

Read more

Private equity firm Cinven to acquire Envirotainer
STOCKHOLM: July 12th, 2018. Envirotainer, a suppli...

Read more

Harren & Partner reacquires offshore construction vessel
BREMEN, Germany: June 11, 2018. Bremen-based shipp...

Read more

CMA CGM gets green light for Ceva investment
BAAR Switzerland: July 11, 2018. CMA CGM has obtai...

Read more

Volumes jump at Brussels
BRUSSELS: June 11, 2018. Brussels Airport recorded...

Read more

K+N adds Santiago to Pharma network
SANTIAGO: July 11, 2018. Kuehne + Nagel has expand...

Read more

Skycell and DuPont form pharma alliance
ZURICH: July 12, 2018. SkyCell, the Swiss-based ma...

Read more

BBC Chartering begins Gulf – Australia breakbulk service
LEER, Germany: July 10, 2018. BBC Chartering has l...

Read more

First destination from new Istanbul airport to be...
Amerijet to adopt indexed fuel surcharge mechanism
Private equity firm Cinven to acquire Envirotainer
Harren & Partner reacquires offshore construction vessel
CMA CGM gets green light for Ceva investment...
Volumes jump at Brussels
K+N adds Santiago to Pharma network
Skycell and DuPont form pharma alliance
BBC Chartering begins Gulf – Australia breakbulk service...

Latest News

comsa
13 Jul, 2018

SNCF acquires first private rail operator in Spain

in Rail
BARCELONA: July 13, 2018. SNCF Logistics is to acquire COMSA Rail Transport from Spanish…
Edmonton International Airport
12 Jul, 2018

Edmonton eyes Canada first with CEIV

in Air
EDMONTON, Canada: June 11, 2018. Edmonton International Airport is aiming to be the first…
Virgin Hyperloop Texas
11 Jul, 2018

Texas considers hyperloop route to Mexico

in News
DALLAS-FORT WORTH, TX: July 11, 2018. The Dallas-Fort Worth Regional Transportation…
LUX China pic
11 Jul, 2018

Cargolux supports Henan Province e-commerce project

in Air
LUXEMBOURG: July 11, 2018. The Luxembourg ministry of Economy and the Henan Imported…
A220 300 Toulouse
10 Jul, 2018

More post-Brexit certainty for business says IATA

in Air
STRASBOURG, France: July 10, 2018. Speaking at this year’s intergovernmental European…
Briese Porthos Nimbus
10 Jul, 2018

Breakbulk China becomes Breakbulk Asia

in News
SHANGHAI: July 10, 2018. Breakbulk Asia, formerly the Breakbulk China exhibition with its…
APM Terminals Mexico L C
09 Jul, 2018

New alternative route to inland US points via Mexico

in ports
LAZARO CARDENAS, Mexico: July 09, 2018. APM Terminals at Lazaro Cardenas on Mexico’s…
Airbus market forecast 2018
06 Jul, 2018

“No clue” Brexit government to miss out on US$5.8 trillion market

in Manufacturer
LONDON: July 06, 2018. As Airbus CEO Tom Enders describes the British government as…
KC 390
05 Jul, 2018

Airbus joins with Bombardier, Boeing teams with Embraer

in Air
MIRABEL/CHICAGO: July 05, 2018. Following confirmation that a joint venture between…

PRESS RELEASE:

April 23, 2014: Norbert Dentressangle reports sustained business volumes in the 1st quarter of 2014, with revenues of €1,078 million compared with €949 million in the 1st quarter of 2013, i.e. an increase of 13.6%, and of 5.5% at like for like and constant exchange rate.

  • +5.5% increase in the Transport business' revenues to €527 million
  • Sharp 19.8% increase in the Logistics business' revenues to €522 million
  • Full-year effect of the acquisition of the Daher Freight Forwarding Air & Sea operations, including quarterly revenues of €48 million

Hervé Montjotin, Chairman of the Executive Board, made the following comments on the Group's first quarter 2014 performance: "The growth recorded by Norbert Dentressangle illustrates robust momentum across all its business areas, Transport, Logistics, and Freight Forwarding, primarily driven by sustained sales growth and a few targeted acquisitions. This growth is in line with the company's development model, which is based on both boosting its commercial positions and increasing its market share, and on an active external growth strategy. The performance in the first t quarter enables us to be confident about the outlook for the year in terms of business volumes".

Norbert Dentressangle's consolidated revenues amounted to €1,078 million in the first quarter of 2014, an increase of 13.6% compared with the same period last year. Like-for-like growth was 5.5%.The percentage of revenues generated outside France amounted to 61% of the Group's total business volumes.

Performance by division

With revenues of €527 million in the first quarter of 2014, or an increase of 5.5% over the same period in 2013 on a reported basis, and of 4.1% on a like-for-like basis, Transport confirmed the recovery in business volume growth observed in the last quarter of 2013, which reflects a more positive trend in the European business environment. Norbert Dentressangle seized the opportunity to consolidate its position on the United Kingdom bulk tanker transport market via the acquisition of Hopkinson, which generates annual revenues of £4 million.

Buoyed by the growth that it had experienced in 2013, Logistics continued to make progress, generating revenues of €522 million over the first quarter of 2014, a reported increase of 19.8% compared with the same period in 2013, and of 8.4% on a like-for-like basis

Freight Forwarding Air & Sea generated revenues of €48 million over the period, i.e. an increase of 47.6% compared with 31 March 2013, primarily as a result of the full-year effect of the operations acquired from Daher. Our ongoing policy of improving profitability on customer contracts in China, , affected organic growth, although the prospect of revenues of over €200 million for the full year was confirmed.

Profitability outlook

Given that the first quarter was in line with expectations, and with the renewed market optimism, Norbert Dentressangle is confident regarding its prospects for 2014.

 

Corporate News

- powered by Quickchilli.com -