Global logistics provider Hellmann Worldwide Logistics has announced a strong financial result across its portfolio.
The company announced a revenue increase of nine per cent, reaching EUR 3.8 billion, up from EUR 3.5 billion in 2023. This was also reinforced by a 10 per cent increase in equity to EUR 444 million.
Hellmann’s yearly shipments stayed consistent, with 20 million performed across its air- and seafreight, road and rail transport, and contract logistics services.
“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 Hellmann Worldwide Logistics CEO Jens Drewes.
“Building on this solid foundation we are ready to enter the next strategic stage and accelerate international growth – side by side with our customers.”
Hellmann acquired HPL Apollo, its U.S.-based joint venture, in 2024, expanding its presence in cold chain logistics.
“Our strong 2024 financial results reflect the robustness of our business model and the strength of our global network,” says Hellmann CFO Martin Eberle.
“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.”
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