Steady growth for Stef

Paris, France: French temperature controlled logistics provider Stef reports turnover up 8.8% to €2,502m and operating profit up 13.5% to €96.5m for the year ending 2012.

Turnover was up 5.9% on a like for like basis. Signs of a poorer economic environment which appeared during the second semester did not affect Staf’s performance the company says.

Performance was attributed to:

  • Increased market share in logistics activities for restaurants and catering;
  • The revival of a selective external growth momentum (Euromerck in Spain, GCT in Portugal, GEFA and KLS in France);
  • Italy’s positioning on value-created contracts which brought back positive results;
  • The higher range of services offered by La Méridionale to Corsica, with the first full operational year for the Piana;
  • Operations’ productivity profits, particularly through a better use of the self-owned fleet.

These measures overcame a stagnant frozen food market. Fresh product volumes increased by 2.5%, Stef says.

WORLD NEWS

K Group tests Thermo King E-200 for Finnish grocery delivery

Helsinki, Finland: K Group has tested Thermo King’s electric E-200 fridge on an electric-powered MAN eTGE van on food delivery in Finland.  K Group is …

READ THE FULL STORY >

Krone Cool Liner celebrates 25 years

Werlte, Germany: Krone launched its first refrigerated trailer in 1996 and to mark the 25th anniversary a special Edition of the trailer is being launched. …

READ THE FULL STORY >

Bolloré Logistics to open new pharma unit

Roissy, France: Bolloré Logistics is to handle healthcare products at its Roissy hub with an 800m2 extension of a pharmaceutical unit. This will give Bolloré …

READ THE FULL STORY >

New coldstore for Brussels Airport

Brussels, Belgium: Brussels Airport has opened refrigerated storage for Kuehne+Nagel, Worldwide Flight Services and Expeditors. Kuehne+Nagel is expanding its activities at Brussels Airport for handling …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

Hultsteins appoints Longhurst Refrigeration as its UK aftersales service partner: bit.ly/3x65xK8 pic.twitter.com/pm8lz8b0iD

© 2021 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ