The UK is now the second largest market for global freight and logistics operator, Norbert Dentressangle, which posted its full year financial results for 2014 this week.
Global turnover stood at €4.6 billion for 2014, the company said, up 16% on €4.03 in 2013. The UK now accounts for 29% of Norbert Dentressangle Group sales, and although France is still the company’s most important territory, 64% of group revenues now come from outside its home country.
Logistics is the Group’s biggest division, with revenues of almost €2.4 billion – up 20.9% based on reported data and up 5.7% like for like – and with 78% of its revenues now generated outside France.
The Group’s Transport division posted 2014 revenues of €2,188 million, up 8.7% based on reported data and up 2.6% like for like, while its Air & Sea division posted 2014 revenues of €206 million, up 42.2% from 2013 based on reported data and up 2.8% like for like.
Norbert Dentressangle’s CEO, Hervé Montjotin, said: “In accordance with our strategy to become a leading supply chain management partner, in 2014 Norbert Dentressangle reached a new milestone in terms of size by achieving 15.8% growth. As well as attaining a global dimension by becoming the fourth largest logistics operator in the US, we have also strengthened our positioning on key markets such as e-Commerce.”
