FM Logistic’s 2019/20 annual report is outGroup
10 July 2020 – FM Logistic has published its annual report for the fiscal year ending 31 March 2020. The report is available to download via this link.
FM Logistic reported revenue of €1.43 billion for 2019/20, an entirely organic growth of up 8.7%. Earnings before interest and taxes (EBIT) were €42.5 million, up 21% compared with the previous year. The company won new contracts worth €150 million, with notable wins in the e-commerce and cosmetics sectors.
Featuring an interview with FM Logistic’s CEO Jean-Christophe Machet, the report details progress made by the company in strategic areas such as e-commerce logistics, sustainable development, urban logistics, digitisation, the automation of selected warehouse and back-office processes and the growth of its transport business.
The report also includes information related to the impact of the coronavirus (Covid-19) outbreak during the first months of 2020. Throughout the pandemic, FM Logistic has implemented a wide range of measures to keep employees safe, thereby enabling business continuity for its customers.