Hellmann 2024 revenue up 9% on steady shipments
Number of shipments stable at 20 million; 10 percent increase in equity to €444 million.
(From left): Stefan Borggreve, Martin Eberle, Jens Drewes and Madhav Kurup.
Hellmann Worldwide Logistics reported a nine percent increase in revenue for 2024 at €3.8 billion compared to €3.5 billion in 2023.
"The number of shipments remained stable at 20 million, reflecting consistent operational performance and a continued commitment to providing reliable logistics solutions, even amid disrupted and challenging market conditions," says an official release.
Hellmann's financial position is reinforced by a 10 percent increase in equity to €444 million, the release added.
"Thanks to our great team around the world, we were able to continue our growth journey also in 2024 – despite ongoing challenges in the market," says Jens Drewes, CEO, Hellmann Worldwide Logistics. "Building on this solid foundation, we are ready to enter the next strategic stage and accelerate international growth – side by side with our customers."
Martin Eberle, CFO, Hellmann adds: "Our strong 2024 financial results reflect the robustness of our business model and the strength of our global network. The strong increase in revenue and equity positions us well for the next phase of growth. We remain focused on driving financial performance while investing in innovation and sustainability."
A key milestone in Hellmann’s growth strategy and global expansion was the acquisition of HPL Apollo, its U.S.-based joint venture, to strengthen the company’s global presence in temperature-sensitive logistics, the release added.
