Dynamic development of Pekaes in 2014

Polish logistics operator Pekaes Group consequently expands its operations, focusing on the development of intermodal and LTL transport services

In 2014, Capital Group Pekaes made a net profit of over PLN 20 million (EUR 4.9 million), which means an increase by 85 percent compared to 2013. Sales revenue increased by 32% to PLN 722 million (EUR 176 million), while the operating profit was higher than in the previous year by 66%, reaching PLN 16.9 million (EUR 4.1 million). The group takes advantage of the synergy effect and consequently expands its operations based on new assets, focusing on the development of intermodal and LTL transport services.

“Thanks to the systematic increase in the efficiency of all areas of our activity, once again we were able to improve key financial results. Despite difficult conditions due to the price pressure in the market, we maintain a stable, two-digit growth. The objective for the coming months is to further improve margins and complementarity of the services we offer, which improves the profitability of the Group.”– emphasises Maciej Bachman, the President of the Management Board of Pekaes SA.

Regardless, the Group continues to diversify sources of revenue. A key element of the development strategy is further development of a strong logistics and intermodal group, while increasing involvement in other promising areas of activity – sea freight forwarding, contract logistics and modern distribution.

In the current year Pekaes plans to continue the ongoing activities to implement the next stages of the adopted strategy. Further work on the cost optimisation and performance of the activities initiated in 2014 will enable the company to maintain the high market position and to compete effectively with other major players in the market.

www.pekaes.pl

Quelle: LogEastics
Portal: www.logistik-express.com