Gebrüder Weiss planning further overseas locations

Significant revenue increases and international expansion of full-service logistics in 2016

Gebrüder Weiss planning further overseas locations

Gebrüder Weiss is continuing its positive business development of recent years. In the 2016 fiscal year, the international transport and logistics company generated preliminary revenue of EUR 1.36 billion. This corresponds to a revenue increase of approximately 6.4 percent in comparison to the previous year (2015: EUR 1,278 million).

The land transport and logistics business areas of Gebrüder Weiss increased its revenue by 5 percent to EUR 900.7 million (2015: EUR 857.7 million). In 2016, the Air & Sea business area recorded a revenue of EUR 285.6 million, which equates to a decrease of 2.9 percent (2015: EUR 293.9 million). In the parcel service (CEP) division, revenue increased by 4 percent, while New Business recorded growth of 31.8 percent.

“Considering the volatile economic situation, we are extremely pleased with these figures. We have laid important groundwork for achieving our corporate aim of Service Excellence, and we have continued to expand our services, enabling us to consolidate our position as an international full-service logistics provider,” states Wolfgang Niessner, CEO of Gebrüder Weiss.

The company’s focus of the last year has been the ongoing development of the Gebrüder Weiss range of services for the high-tech and automotive sectors and the establishment of logistics solutions for producers of consumer and brand items. In the home delivery segment, Gebrüder Weiss solidified its position as the market leader for end-customer delivery (B2C) in Austria through its two-man handling and assembly services and continued to expand its services in various countries throughout Eastern Europe.

Gebrüder Weiss took further strategic measures with the continued development of its service portfolio towards Central Asia – along the former Silk Road. In order to reach the regions even more efficiently, the company introduced air and sea transport services as well as intermodal solutions to China and groupage freight services to the Caucasus and Iran. New locations in Russia, Kazakhstan and Turkey ensure that consistently high standards of quality are maintained locally. The logistics capacities of existing branches in southern Germany were also expanded.

The equity ratio rose slightly to around 57.5 percent, thereby guaranteeing the company substantial financial independence (2015: 56.5 percent). At EUR 33.10 million, the investment volume reflected the long-term average. The number of employees increased to approximately 6,500 (FTE) in 2016.

In 2017, Gebrüder Weiss is planning to continue its international growth strategy, in particular in Asia and North America, and to open new locations. “Key factors in terms of competitiveness include reliability, speed, a high degree of digitisation and highly qualified employees. We are investing specifically in the further development of these fields in order to convince our customers with an even more appealing range of services – and this all over the world,” states Wolfgang Niessner.