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Dachser Revenue Up to €5.6 Billion  
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Dachser Revenue Up to €5.6 Billion  

Shipments and tonnage each increased by 3.1% each

TLME News Service

Dachser has released 2018 financial data showing a total revenue increase of 5.5% year-on-year from €5.28 billion to €5.57 billion.

This has been attributed to the rise in shipment and tonnage volumes, an increase of 2.5% on last year to 83.7m and a 3% increase to 41.3m tonnes, respectively.

It reported a 6.1% increase in its gross revenue, increasing to €6.49 billion.

Dachser’s Road Logistics business which comprises the transport and storage of industrial goods (European Logistics) and food (Food Logistics) reported a total increase in revenue of 6.6% but each segment performed well.

European Logistics showed growth of 7% to €3.55 billion. Shipments and tonnage each increased by 3.1%.

Food Logistics posted an increase of 5.3% to €917 million.

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The number of shipments was unchanged from 2017 but tonnage increased by 2%. The development of its contract logistics business and growing national transport services has been linked to this positive expansion.

Dachser said that its Air & Sea Logistics business proved volatile once again, with revenue falling by 0.4% year-on-year.

This was as a result of exchange-rate effects, decreasing freight rates, and a downturn in volume on the China-Europe route.

Consolidated net revenue stagnated at around €1.19 billion. A 2.9% decrease in the number of shipments was offset by tonnage growth—most notably in sea freight—of 6.6%.

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