Process optimisation and IT focusing at Intereuropa Group

Intereuropa Group (Koper/Slovenia) aims to acquire new transport and logistic contracts in the current year; improved profitability in 2014

In the reporting year 2014, the Intereuropa Group (Koper/Slovenia) achieved a sales revenue of EUR 140.8 million as a provider of logistics services. Compared with the year ago, this was 13 percent lower. The sales result of the Group was materially affected by conflicts escalating in Ukraine, and our Ukrainian subsidiary suffered the worst loss of sales turnover: the sales revenue earned in the reporting year was € 13 million lower than the preceding year. The fall-out in the sales turnover in Croatia was not compensated with new businesses.

The result of the Group was EUR 11.8 million of earnings before interest, taxes, depreciation and amortisation (EBITDA), with EUR 5.1 million of operating profit, which is 5 percent less than in 2013. Thereby, the profitability (EBIT margin) was raised to 3.6 percent from 3.3 percent in the preceding year (2013).  The Group closed the financial year with a net profit of EUR 0.3 million. At the year-end, the net financial debt decreased by 5 percent and came to EUR 87.6 million.

The Parent Company generated EUR 90.7 million of sales revenues and aligned with the new situation affected by the fall in demand for customs services following the EU-accession of Croatia: the sales revenue earned was on the level of the preceding year and of the plans. As a result, it improved the profitabillity (EBIT margin) from 2.9 percent to 3.9 percent.

In the current year (2015), the Intereuropa Group aims to intensify marketing activities and acquiring new business. The emphasis will be laid on process optimisation and informatisation of operations, expecting positive effects within operational processes. The key goal for the current year is to exceed the sales revenues of the year 2014, with no lower profitability, but relying on an improved market approach and effective acquisition.

The Intereuropa Group is the leading supplier of complete logistic services in Slovenia and South-Eastern Europe and a successful logistics group with great development potential. It offers complete logistics solutions in the field of land transport, seafreight and airfreight and performs all terminal, customs and other logistics services necessary for the free flow of goods from the producer to the customer. Next to the parent company, the Intereuropa Group also consists of 12 subsidiaries in 9 countries where it has its own companies with the network of business units and logistics terminals.

Facts and figures Intereuropa Group

No. of employees: 1,425 employees

Vehicle fleet: 112 company-owned trucks, tractors, and trailers and other commercial vehicles

Total warehousing area: 232,200 m²

Total land area: 1,711,000 m²

Branch network Slovenia, Croatia, Montenegro, Bosnia & Herzegovina, Serbia, Kosovo, Macedonia, Albania, Ukraine

Quelle: LogEastics

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