Rohlig Group wants to double gross profit until 2012
Consolidation of equity ratio despite decline in profit at Rohlig In spite of current declines in transport volumes, the Bremen logistics service provider Rohlig will hold on to its strategic target. The executive management is aiming to double the gross profit until 2012. In the last fiscal year the group’s gross profit increased by 5.4 per cent to EUR 77.9 million, within the corporation by 4.7 per cent to EUR 108 million. EBIT amounted to EUR 10.4 million. The annual surplus amounted to EUR 6 million (2007: EUR 11.1 million). “in air freight business we were able to hold the gross profit on a stable level, despite the 4 per cent decline in the global air freight market“, managing partner Thomas W. Herwig commented on the figures. In sea freight business Rohlig grew 10.1 per cent which is stronger than the market (plus 4.3 per cent). “Last year we were rather focussing on more stability and liquidity than on profit“, Mr. Herwig continued. Despite growing turnover they were able to reduce accounts receivable by 13 per cent and to rise equity ratio from 23 per cent to 28.4 per cent. Moreover the last fiscal year was one of expansion of sales staff for many of the 29 Rohlig countries. On the closing day of the balance sheet the forwarding group employed 1,710 persons. Quelle: Österreichische Verkehrszeitung |