Logistics firm Vanderlande has announced a total revenue of €1.1 billion for calendar year 2016, which represents an increase of 15% compared with the previous year’s 12-month figure and is a record in the company’s history.
In addition, the final order book reached an all-time high level of €1.7 billion – an 11% increase on CY2015 – for the same period, which will help to support Vanderlande’s strategy of sustainable profitable growth.
The company’s operational result (EBIT) also stands at a record high of €64 million, which is €8 million more than the previous year. As a percentage of revenue, the EBIT is 5.7% (approximately the same as CY2015) and the net income amounts to €49 million, which equals 4.4% of revenue (compared to €42 million and 4.3%).
Value-Added Logistics
Vanderlande’s financial results are indicative of how its position as a leader for value-added logistic process automation in the airports, warehousing and parcel markets has continued to strengthen.
This was due mainly to the completion of large-scale projects providing its range of integrated solutions – innovative systems, intelligent software and life-cycle services – to loyal and key customers, including the e-commerce and food retail sectors, and the leading international parcel delivery companies and airports (such as Amsterdam Schiphol, London Heathrow and Oslo Gardermoen).
Overall the positive performance of Vanderlande’s life-cycle services – and certain parcel projects in North America – has helped to increase the order intake to €1.3 billion in CY2016. The order intake for airports was also encouraging with continued interest from Asia-Pacific countries. Warehousing has performed in line with expectations, bolstered by the continued growth of the food retail and e-commerce sectors.
Financial Strength
“Vanderlande’s financial strength provides the platform from which to capitalise on our rapid growth and the excellent position in our markets,” said Vanderlande’s CEO, Remo Brunschwiler.
“There is a high level of interest for the type of solutions and services that Vanderlande provides, and revenue is expected to increase again from CY2016. This anticipated growth is based on a strong order book, a promising sales funnel and Vanderlande’s increased focus within the above market segments.”
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