Gebrüder Weiss Maintains Course in 2023
The international transport and logistics company Gebrüder Weiss ended its 2023 fiscal year with a net revenue of 2.47 billion euros (2022: 3 billion euros).
Despite this decline, the company remains above its growth trend seen between 2015 and 2020. The coronavirus-related effects of the two previous years did not persist in 2023. At 774 million euros, net revenue in the Air & Sea business area subsequently returned to levels seen in previous years.
Given the higher freight rates shipping lines and airlines charged, Gebrüder Weiss generated 1.27 billion euros in this segment in the previous year.
Revenue was also stable in the Land Transport and Logistics business areas at 1.45 billion euros (2022: 1.48 billion euros), with declining energy and fuel prices. The equity ratio increased to 63 percent (2022: 60 percent), ensuring the company’s ability to handle crises and positioning it as an ideal employer.
