Fm logistic

La logique des transports urbain

Annual reports

Check out our latest annual reports and dive into the FM Logistic world.

Annual Report, key figures and corporate news

  • FM Logistic reported revenues of €1,318 million in the year ending March 2019, up 11.8% year-on-year, and earnings before interest and taxes (EBIT) of €35.1 million, up 32% from last fiscal year’s €26.5 million. Adjusted for currency effects, revenue growth was 15%. The EBIT improvement was driven by measures taken to be more commercially selective and to increase operational efficiency.

  • Ever increasing influence

    Over the last financial year (April 1, 2017 - March 31, 2018), FM Logistic generated revenues of 1.178 billion euros, which amounts for a organic growth of 9.5%. This is a remarkable result in a sector that showed dynamism in 2017.
    The Group's activities are mainly shared between France (38% of sales), Central Europe (26% of sales) and Eastern Europe (21% of sales).
    As a reference player in supply chain management, FM Logistic generates more than half (56%) of its turnover through its warehousing and handling activities. Transportation activity, up 13% over last year, now accounts for 34% of sales and packaging 10%.

  • « After two years of consolidation, we are stronger than ever. Our revenue stands at 1.075 billion euros, up by 4.2 % on the previous financial year. We have exceeded our budget in terms of income, with an EBIT of 31 million euros, an increase of 29.5 %. This high performance has been achieved despite a highly competitive context in which customers constantly demand lower prices.

    The world economy is sluggish, and crisis continue in Russia, Ukraine and Brazil. We are also struggling with a labour shortage in Central Europe which is pushing salary costs up by 8 to 13 % depending on the country. It is true that in this unfavourable economic climate, our operating profit is slightly lower than forecast, but our income constitutes a real operating and sales accomplishment. »

    Jean-Christophe MACHET, CEO of FM Logistic

    Download Annual report 2016

    Langue française

    Langue anglaise

  • “Faced with an unpredictable and aggressive context – crises in Ukraine, economical difficulties in Russia, terrorist attacks in Europe, political crises and severe weather damage in Latin America –, in 2015/2016, many of us were confronted with unprecedented human and natural violence. I would like to pay tribute to all of our staff members who have actively remained on course despite the problems.

    Business dynamics and performance are supported by commercial success and the general improvement of our business activities. The result for the financial year however, is unsatisfactory. Our turnover and EBIT are lower in current euros. Following 10 consecutive quarters of improved performance, the last two quarters of the financial year declined. While our volumes increased by 8 to 10%, our turnover in current Euros decreased by 3% to 1.034 billion as a result of the foreign exchange market. Our operating result amounted to 30.6 million which is 3% of our turnover.

    We anticipated the situation in large part, and this helped to limit the damage when the devaluation of the rouble greatly reduced our profitability in Russia. With sales objectives surpassed at 128% (165 million euros of new contracts), we made up for our losses here : France, Poland, Romania and China for example, performed well in 2015/2016, and despite intensified competition in all of our countries, FM Logistic also continued to gain market shares”.

    Jean-Christophe MACHET, Chairman of FM Logistic's Executive Committee

    See the annual report

    Langue française
    Langue anglaise

  • "In relation to our strategic goals, our end of year operating profit figures are perfectly in line with our “Ambition 2022” plan. This shows that we are in control of our development despite an heterogeneous international environment.

    We have to deal with volatile currencies just like everyone else in the market, especially in Russia from October 2014. Although our operational income was good and highlighted the strength of our business activities and improved performance, the adverse developments in the exchange rate impacted this success. A currency conversion at the March 2014 closing rate would increase the Group's turnover by 82 M€ to 1 148 M€ and net profit would rise by 7.3 M€.

    It is a monetary illusion masking our real performance which will disappear as soon as currency rates improve again."

    Jean-Christophe MACHET, Chairman of FM Logistic's Executive Committee

    See the annual report

    Langue française
    Langue anglaise