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BLG LOGISTICS GROUP increases earnings

04.06.2025

BLG Group press conference, where five BLG representatives, including CEO Matthias Magnor, stand in front of a wall of BLG logos at desks and answer questions from the press. Cameras and microphones can be seen in the foreground.

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

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