Hellmann expands market position in 2023
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Hellmann expands market position in 2023
Osnabrueck, May 14, 2024. Despite the continuous challenging market conditions, Hellmann Worldwide Logistics has successfully concluded the past year. Order volumes remained stable at around 20 million shipments, bucking the market trend and enabling Hellmann to expand its market position in 2023, particularly in the Airfreight and Seafreight product areas. The company also experienced international growth in its Contract Logistics division, acquiring new customers and establishing new warehouses for example in the US, Germany, India, and Singapore. With total sales of EUR 3.5 billion (2022: EUR 5.0 billion), Hellmann achieved a solid result in 2023, topping pre-pandemic levels. The anticipated decline in total sales represents the result of an expected normalization of the previously above-average freight rates during the pandemic. In addition, equity was strengthened by 4.4 % to EUR 405 million (2022: EUR 388 million) and the equity ratio increased from 28 % to 35 %.
Hellmann also successfully executed strategic measures for sustainable international growth in 2023: In addition to a continuation of its extensive investment in IT infrastructure and digitalization measures, the company executed new important milestones in its global growth strategy with the establishment of a new country organization in Ireland and further strategic acquisitions, such as in Italy, Slovakia and the Baltic States.
"Last year was characterized by a massive decline in rates across the industry and overcapacity in many product areas. Despite these challenges, we were able to maintain the number of shipments and gain market share. This success is a clear sign of our strength and adaptability in a dynamic market environment. It is also important to me that Hellmann is strategically very well positioned and that I can hand over the reins to Jens Drewes with great confidence at the end of the month," says Reiner Heiken, Chief Executive Officer, Hellmann Worldwide Logistics.
Having collected his first impressions of the company since April, Jens Drewes will assume the responsibility as CEO on June 1 from Reiner Heiken, who is retiring. "Reiner Heiken has positioned Hellmann very strongly over the past five years and set the course for the future. I look forward to building on this solid foundation with our international management and the entire Hellmann team to further develop the family business and expand our market position," says Jens Drewes.
"In the past financial year, Hellmann has not only gained market share, but has also strengthened its financial position. This will enable us to continue to invest in strategic and technological developments. The focus is on digitalization, promoting innovation, especially in the area of environmental sustainability, and investing in our more than 12,000 employees worldwide," says Martin Eberle, Chief Financial Officer, Hellmann Worldwide Logistics.
About Hellmann Since its foundation over 150 years ago, Hellmann Worldwide Logistics has developed into one of the largest international logistics providers in the world. With more than 12,000 employees, the company is active in 57 countries and generated sales of EUR 3.5 billion in 2023.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, Stefan Borggreve 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