REQUEST THE MAGAZINE

Magazine for ports, shipping and logistics

BLG LOGISTICS GROUP increases earnings

BREMEN. Despite economic uncertainty and geopolitical crises, the BLG LOGISTICS GROUP was able to close the 2024 financial year with stable sales of 1.2 billion euros, an increase compared to the previous year. “Due to positive developments in the Container and Automobile divisions, in particular, we achieved 91.8 million euros in earnings before taxes,” said Matthias Magnor, Board Chairman of the BLG Group, at the press conference in Bremen at the end of April. Despite a drop in vehicle volumes compared to the previous year, turnover in the Automobile segment increased by 7.1 per cent to 687.5 million euros. In the Container division, the 50 per cent stake in EUROGATE resulted in an increase in earnings of twelve per cent to 61.2 million euros. The economic situation had a negative impact on sales and profits in the Contract division, which fell by 33.5 million to 535.6 million euros compared to the previous year. “It’s important to be vigilant and recognise and exploit opportunities. This provides us with a chance to anticipate the pressure of change and adapt accordingly. That’s where BLG excels,” says Magnor.

Credits: BLG LOGISTICS

More articles from the category News & People

J. MÜLLER: Successful end of apprenticeship project

J. MÜLLER: Successful end of apprenticeship project

BRAKE. In late June, J. MÜLLER announced: “The cameras have been switched off, the editing done – the short films for our ‘Lebenswelten’ training project are ready!” The project looks at the different cultural and national identities of staff, who all tell their own story. The project not only contributed towards promoting integration but also strengthened the commitment of the trainees,” said Antje Streicher, Human Resources Manager at J. Müller. Since then, the films have been shown during internal and public events as well as on J. MÜLLER social media channels.

read more
J. MÜLLER: Successful end of apprenticeship project

J. MÜLLER: Successful end of apprenticeship project

BRAKE. In late June, J. MÜLLER announced: “The cameras have been switched off, the editing done – the short films for our ‘Lebenswelten’ training project are ready!” The project looks at the different cultural and national identities of staff, who all tell their own story. The project not only contributed towards promoting integration but also strengthened the commitment of the trainees,” said Antje Streicher, Human Resources Manager at J. Müller. Since then, the films have been shown during internal and public events as well as on J. MÜLLER social media channels.

read more
WISTA Germany voted in new board

WISTA Germany voted in new board

HAMBURG. Three positions on the Wista board were filled during the members’ meeting in June: Susanne Coulibaly (2nd from right, TB Marine Shipmanagement) was elected Deputy Chairwoman, Christina Kercher (2nd from left, Kanzlei Ehlermann) became Compliance Manager, and Kerstin Broocks (centre, Guideline) was appointed Press Manager.

read more