Hellmann achieves another record result in 2022
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Hellmann achieves another record result in 2022
Osnabrueck, May 4, 2023. Hellmann Worldwide Logistics has concluded the 2022 financial year very successfully, continuing the company's strong performance of recent years in the face of persistently challenging market conditions. Hellmann was able to increase its total sales by 24 % to EUR 5.0 billion (2021: EUR 4.1 billion) as well as shipment volumes, which grew significantly year-on-year to just under 20 million (2021: 18.1 million). At the EBIT line, Hellmann was able to achieve an increase of 31 % vs. the prior year, delivering an EBIT result of EUR 210.8 million (previous year: EUR 160.1 million). Thanks to the improved cash flow from operating activities of EUR 268.7 million, liquidity improved by a total of EUR 124.7 million despite a significant increase in investments.
Beyond its positive financial performance, Hellmann also successfully continued its strategic development last year. For example, even during continued market disruptions from the COVID pandemic and the war against Ukraine, the Group stuck to its digitalization strategy and invested significantly in digitalization of business processes and forward-looking technologies. Hellmann also made several acquisitions in support of further growth, such as the takeover of the joint venture in Peru and the acquisition of OptimNet, an overnight express provider operating in the Czech Republic and Slovakia. The international growth course and the expansion of the Hellmann network also continued to show success: Having already expanded its business activities to Indonesia, the Philippines, Egypt, Oman and France since 2020, Hellmann also opened its own country organization in Switzerland last year to expand its product portfolio and its footprint into the Swiss market.
An important topic of the last year was the continued development of the company culture, particularly as regards the sustainable positioning the global family-owned Hellmann Group. With the guiding principle of "For the better. Together.", a vision was defined that unites the global Hellmann FAMILY and shapes the daily behavior of all employees. In a rapidly changing world, Hellmann is living up to its goal of assuming responsibility for its employees and customers and to contribute to overcoming the current social and ecological challenges.
"2022 was once again a challenging year in many respects: While the first half of the year continued to be characterized by capacity bottlenecks, particularly in the air- and seafreight sectors, demand for transport services declined significantly from the summer of 2022 onwards due to changes in consumer behavior worldwide. This in turn led to overcapacity on global trade lanes in almost all product areas during the second half of the year and consequently lower freight rates. Despite these challenges, thanks to our strong global and regional teams and our solid network, we succeeded in offering our customers tailored logistics solutions throughout the year and were able to achieve another record result in 2022," said Jens Wollesen, Chief Operating Officer, Hellmann Worldwide Logistics.
"The goal is to continue to expand our global competitive position across all product areas in the coming years. As such, we are planning further strategic acquisitions as well as sustainable investments in the modernization of our systems and processes," added Martin Eberle, Chief Financial Officer, Hellmann Worldwide Logistics.
“Our vision for all of our actions in the years to come is “For the better. Together.” In this context, sustainability is of central importance. Together with and for our customers, employees, and partners, we are committed to further developing our sustainable logistics solutions,” emphasizes Reiner Heiken, Chief Executive Officer, Hellmann Worldwide Logistics.
About Hellmann Worldwide Logistics Since its foundation over 150 years ago, Hellmann Worldwide Logistics has developed into one of the largest international logistics providers in the world. With about 14,000 employees, the company is active in 54 countries and generated sales of EUR 5 billion in 2022.The range of services includes classic forwarding services by truck, rail, air- and seafreight, as well as a comprehensive range of CEP services, contract logistics, industry and IT solutions.
Christiane Brüning Global Head of Corporate Communications Hellmann Worldwide Logistics SE & Co. KG Elbestrasse 1 49090 Osnabrueck Germany Mobile +49 151 2034 0316 E-Mail christiane.bruening@hellmann.com www.hellmann.com Thinking Ahead - Moving Forward Handelsregister / Commercial Register Osnabrueck HRA 3760 Komplementärin / General Partner: Hellmann Verwaltungs SE Handelsregister / Commercial Register Osnabrueck HRB 212008 Vorstand / Managing Directors: Reiner Heiken, Martin Eberle, Jens Wollesen Vorsitzender des Aufsichtsrats der Hellmann Verwaltungs SE / Chairman of the Supervisory Board: Dr. Thomas Lieb USt-IdNr. / V.A.T. Id. no.: DE 11 76 59 402 Wir arbeiten ausschließlich auf Grundlage der Allgemeinen Deutschen Spediteurbedingungen 2017 – ADSp 2017 – und – soweit diese für die Erbringung logistischer (Zusatz-) Leistungen nicht gelten – nach den Logistik-AGB, Stand März 2006. Hinweis: Die ADSp 2017 weichen in Ziffer 23 hinsichtlich des Haftungshöchstbetrages für Güterschäden (§ 431 HGB) vom Gesetz ab, indem sie die Haftung bei multimodalen Transporten unter Einschluss einer Seebeförderung und bei unbekanntem Schadenort auf 2 SZR/kg und im Übrigen die Regelhaftung von 8,33 SZR/kg zusätzlich auf 1,25 Millionen Euro je Schadenfall sowie 2,5 Millionen Euro je Schadenereignis, mindestens aber 2 SZR/kg, beschränken. Die ADSp 2017 können Sie unter www.hellmann.com/adsp abrufen, die Logistik-AGB 2006 unter www.hellmann.com/logagb. Weitere Informationen zum Thema Datenschutz und unserem Umgang mit personenbezogenen Daten finden Sie unter folgendem Link: www.hellmann.com/datenschutz We operate exclusively in accordance with the German Freight Forwarders' Standard Terms and Conditions 2017 (Allgemeine Deutsche Spediteurbedingungen 2017 – ADSp 2017) and – if they do not apply for performing (supplementary) logistics services – with the General Terms and Conditions of Logistics-Services Providers (Logistik-AGB), as of March 2006. Note: In clause 23 the ADSp 2017 deviate from the statutory liability limitation in section 431 of the German Commercial Code (HGB) by limiting the liability for multimodal transportation with the involvement of sea carriage and an unknown damage place to 2 SDR/kg and, for the rest, the customary liability limitation of 8.33 SDR/kg additionally to Euro 1.25 million per damage case and EUR 2.5 million per damage event, but not less than 2 SDR/kg. You can find the ADSp 2017 here: www.hellmann.com/ffst and the Logistik-AGB 2006 here: www.hellmann.com/loggtc. For further information on the subject of data protection and our handling of personal data please refer to the following link: www.hellmann.com/privacy