All turnover articles
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FeatureGefco reports strong growth in profitability
French logistics provider Gefco has announced strong growth in operating profits for the year to the end of 2016 after a proactive policy to optimise purchases and reduce fixed costs.Earnings before interest, tax, depreciation and amortisation grew 32.1% to €172.8m ($193.3m). Revenues were up 1.3% to €4.23 billion.The strong results ...
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FeatureStrong growth leaves auto sector revenue up 92% at time:matters
German freight expeditor time:matters has announced a near-doubling in revenue related to the automotive sector in 2016.The company said it increased overall revenue by 9% in the year to just under €70m. Without providing specific numbers, automotive sector-related revenues were up 92%, high-tech and semiconductor up 47%, and aviation and ...
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FeatureParts maker Gestamp takes 'next natural step' with Spanish IPO
Spanish automotive parts maker Gestamp has announced its intention to list on the Spanish stock exchanges, putting certain existing shares currently held by the controlling shareholder, the Riberas family, up for sale.Founded in 1997, the company has 98 production facilities in Europe, North America, South America and Asia. It manufactures ...