GEODIS Wilson

Leading supply chain provider, GEODIS extends its contract logistics capabilities in Sweden with the addition of a 20,000 sqm warehouse close-by its existing facility at Arendal, near Gothenburg.

Just twelve-months after establishing an operational footprint adjacent to the strategic Swedish port, GEODIS’ contract logistics line of business is expanding its capacity with a second warehouse next door to its existing 16,000 sqm facility.  With all the benefits the location just 12 km west of central Gothenburg can offer, including access to the E6 and E20 highways and the port itself, additionally the extension has a railhead within the property, clearance heights of twelve meters and thirty-five loading docks. The second warehouse will be fully operational as of March 2023.

In introducing the options for customers that the development brings, Managing Director of GEODIS in Scandinavia, Magnus Tornerhjelm said, “Our role in serving our customers contract logistics demands involves a variety of multimodal means of product supply and distribution to ultimate destinations.  Our choice of location and warehouse facilities has been influenced by these dynamics and we are well-placed to access variable transport options.”

GEODIS’ Arendal site will feature cross-dock unloading and loading activities backed by full contract logistics services of inventory control via WMS, re-packaging and distribution throughout the Nordic region.  The two warehouses will operate in harmony and access to the rail mode will be utilized fully whenever it is appropriate. The availability of extra storage capacity will also aid customers of GEODIS’ freight forwarding activities when their own yard resources are exhausted.

GEODIS’ expansion of its contract logistics business has been rapid. Thomas Kraus, GEODIS President & CEO North, East and Central Europe, commented “We are growing our footprint in Sweden in line with customer demand and our strategy for the future development.  Customer reaction to our comprehensive services has been very positive over the last year, and synergies with end-to-end management of customers’ product supply chains offered by our international freight forwarding operations have been most beneficial to them.”

In Sweden, the GEODIS group operates from 8 locations (Helsingborg, Jönköping, Borås, Norrköping, Lund, Gothenburg, Stockholm and Malmö) and employs 350 employees.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

The “Strategic company” Prize rewards a major French company that has played an eminent role for national sovereignty.

The Institut Choiseul, an independent think tank dedicated to the analysis of contemporary strategic issues and international economic questions, has presented Marie-Christine Lombard, Chairwoman of the Executive Board and CEO of GEODIS, with the “Strategic Company of the Year” award as part of the Sovereignty Initiative. This initiative brings together high-level decision-makers to address strategic issues affecting national and European sovereignty. 

This prize rewards GEODIS for its eminent role in French sovereignty. As a global leading transport and logistics provider, the Group is an essential contributor to the world economy. It plays a decisive role in boosting the growth and competitiveness of French companies internationally and supports the relocation of certain strategic industries in France.

The vital nature of logistics was clearly demonstrated during the health crisis. GEODIS leveraged its expertise to set up an emergency airlift between China and France for the delivery of masks. Months later, the Group also supported the vaccination campaign by supplying vaccines throughout the country. This enabled France to keep control of the autonomous supply and distribution of these essential products.

Receiving the “Strategic Company” award for GEODIS, Marie-Christine Lombard declared: “On behalf of the 45,000 employees of GEODIS, we are very proud to receive this award, which recognizes our role as a strategic company. It is also an opportunity to highlight our business sector, because without transport and logistics, the economy would come to a standstill. This is the reason why France must have a national logistician of international scope.”

About Marie-Christine Lombard

Marie-Christine Lombard joined the GEODIS Group as CEO in 2012, before becoming Chairwoman of the Executive Board a year later. She has held senior management positions in the international transport and logistics sector for over 22 years. Since 2013, the Group’s turnover has grown from €6.9 billion to €11 billion by 2021.

GEODIS – www.geodis.com 

GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021.

Leading global logistics provider GEODIS’s operation in Poland has received Logistics Leader Award  in Logistics Operator of the Year research program.  Results of an independent survey of leading operators’ customers throughout Poland confirms GEODIS position in the top rank once again.

Award program organizers Data Group Consulting (DGC) and the publication Eurologistics made the announcement of the winners at a ceremony in Warsawon the evening of the 17^th November. The award is presented to operators who perform outstandingly in a rigorous survey of customers, who were interviewed in-depth on their experiences of the services offered by the operator during the course of the year.

“We value this award in particular,” said Olivier Royer, CEO of GEODIS Road Transport, “As only the logistics operators aspiring to the highest standards of service are confident enough to participate in the research program. We are being judged by our own customers, which is the only true assessment of our success that we value. We are proud therefore to be a Logistics Leader .”

This award is the result of a logistics operators’ customers satisfaction study, which provides information on the scope and quality of logistics services offered in the Polish market. For the last twenty years the study has been conducted by DGC and the Eurologistics Publishing House. A ranking of companies enjoying the greatest trust of customers is created. Many of the winning company’s management elements are evaluated: competitive potential, comprehensiveness of logistics services offered, standard of service in the assessment of key clients and in the assessment of all customers, and similarly an assessment of both customer groups as to which are market leaders.

“This year GEODIS was celebrated in the category of Team’s credibility in customers’ assessment”, noted Olivier Royer. “This underlines our strength in the Polish market which has been much enhanced by the integration of Road Network organization (former PEKAES) over the past two years. Our people should be applauded as this award references the quality of the service they provide in meeting the expectations of our customers. The award program’s unique approach illustrates the market position of each company as their clients not only have the opportunity to assess the importance of each aspect of service, but also have a free choice to indicate which company best meets their expectations.”

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

Global logistics provider’s Freight Forwarding Line of Business has established a new service hub for customers in the Andalusia and Extremadura regions of Spain. The office in Seville commenced business as of 1^st October.

With well-established operations in other major Spanish cities including Barcelona, Bilbao, Madrid and Valencia the Group’s freight forwarding services have been available to the country’s importers and exporters for over twenty years. Now both maritime and air transport solutions will be offered in the south of Spain along with additional value-added services such as Control Tower for complete oversight, Purchase Order and Vendor Management and Emission Reporting.  Enhanced visibility of cargoes status is enabled through the bespoke GEODIS’ web-based platform, IRIS (Intelligent Real-time Information System), an online booking, pricing, tracking and shipment system.

The GEODIS team in Seville will provide a service with a global reach across the GEODIS Group’s network spanning nearly 170 countries.  

“Our ability to understand the needs of our customers in the southern regions of Spain will be greatly enhanced by our new, strategically located base,” says Ivan Sanchez, managing director of GEODIS in Spain. “Our mission throughout the GEODIS organization is to help grow the businesses of our customers. In order to achieve that, we must harmonize with their expansion plans, facilitating the logistics that underpins those plans in the most relevant way. A localized operation is required to develop such a close relationship.”

Joining the GEODIS Group consisting of 350 employees in Spain and over 44,000 worldwide, the Seville based team are welcomed by GEODIS Spain’s Managing Director, Ivan Sanchez.  “It is passion that drives our teams both here in Spain and around the globe. Being 50% Andalucian, I can assure customers that there is no one more passionate than them and I’m sure the team in our new office will prove that with their commitment to customer service of the highest quality,” says Ivan Sanchez.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

GEODIS, a world leader in transport and logistics, today announced it has completed its acquisition of American company Need It Now Delivers following regulatory approvals. The acquisition significantly expands GEODIS’s U.S. presence in the areas of contract logistics and final mile delivery and strengthens its end-to-end freight network domestically and internationally.

Based in Keasbey, New Jersey, Need It Now Delivers operates a major freight network in the United States—with a strong presence in the East—including over 65 company locations and more than 300 interconnected distribution points. Need It Now Delivers features a workforce of more than 2,000 employees and serves over 1,600 customers across a variety of high-growth sectors, including apparel, electronics, home furnishings, automotive products and medical supplies. In addition to omnichannel and final mile capabilities, Need It Now Delivers offers logistics services including white glove home delivery, direct-to-consumer parcel delivery, contract logistics and same day logistics.

“The completion of the Need It Now Delivers acquisition will accelerate our continued growth in the U.S., which has become an essential market for GEODIS, as we remain committed to building a fully integrated network of transport and logistics hubs globally,” said Marie-Christine Lombard, CEO of GEODIS. “This acquisition allows GEODIS to expand our offerings in a consolidating market and solidify our position as one of the world’s top 10 leading logistics providers.”

The acquisition will strengthen GEODIS’s national freight distribution network and final mile delivery, omnichannel and e-Commerce capabilities in the United States alongside its existing contract logistics and freight forwarding lines of business in the country. GEODIS customers will now have access to expanded transportation management and warehousing capabilities in the U.S. while Need It Now Delivers clients will have the opportunity to bolster their global supply chains with new access to GEODIS’s international freight forwarding and contract logistics networks for a comprehensive solution.

“GEODIS acquired Need It Now Delivers due to its proven and dedicated team, expansive national network with a commitment to best-in-class service, and diverse and longstanding customer relationships in high-growth industry verticals,” said Mike Honious, President & CEO of GEODIS in Americas. “I am confident the combination of our two organizations will create a powerful set of end-to-end logistics solutions to best support our customers’ growth.”

With the completion of the Need It Now Delivers acquisition, GEODIS now employs approximately 15,000 teammates in the U.S. (with more than 17,000 employees in the Americas region) and operates over 200 locations totaling 52.9 million square feet of warehousing space domestically. The combined organizations would have generated $3.7 billion for full year 2021 in the U.S.

To learn more about GEODIS, visit www.geodis.com.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

PEKAES in Poland is to be re-branded GEODIS after a successful integration following its acquisition early last year. The unified visual identity will bring clarity for customers in Poland and worldwide.

The company’s new identity is effective from October 3. From now, PEKAES provides all its services under the one GEODIS brand.

Commenting, Marie-Christine Lombard, Chief Executive Officer of GEODIS said, “A unified brand in every region in which we do business is crucial in reassuring customers of a truly integrated service of a reliable and consistent standard wherever in the world they are trading. Our priority is to help our customers grow their businesses by providing simple, efficient, and effective solutions. I am impressed with the enthusiasm with which employees are committed to strengthening the GEODIS brand in the Polish market.”

The Group offers, uniformly under the GEODIS brand, services from full truckload and groupage road transport to contract logistics, rail, sea & air freight forwarding.

GEODIS sees the rebranding as a natural step in the process of affirming its presence in the market and its ability to provide comprehensive end-to-end supply chain management across all the regions in which it operates. The dynamic growth of GEODIS in Poland, Europe’s fourth largest logistics market, is an important element of the Group’s ‘Ambition 2023’ forward plan.

GEODIS in Poland employs more than 1,400 employees across 32 sites and has seven warehouse facilities with a total storage area over 160,000 sqm.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

Virginie Delcroix has joined GEODIS as Executive Vice President, Sustainable Development, reporting to Marie-Christine Lombard, Chief Executive Officer. This appointment confirms Madame Lombard’s determination to place CSR performance at the heart of the Group’s strategy.

Since 2017, Virginie Delcroix had been Vice President Sustainable Development, with responsibility for CSR and product safety & regulatory affairs at the Arkema group, where she was a member of the management committee. 

Having graduated from the Ecole des Mines de Nancy, Virginie’s career has been spent in industry. In particular, she was technical director and innovation director at Novacel (1999-2011), before taking charge of R&D in South Europe for Bostik, a company in the Arkema group (2011-2017).

At GEODIS, she will be responsible for carrying on the dynamic social commitment of the Group, which, along with its partners and employees, is committed to providing its customers with ever more sustainable solutions. Her priority issues will be decarbonization, the preservation of resources and the protection of the environment, as well as the safety and well-being of the Group’s employees.

Virginie Delcroix’s arrival raises to five the number of female members of the GEODIS Executive Committee.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 44,000 employees, GEODIS is ranked no. 7 in its sector across the world. In 2021, GEODIS generated €10.9 billion in revenue.

Nashville and Wilmington, Mass. [August 25] – GEODIS, a leading global transport and logistics provider, and Locus Robotics, the leader in autonomous mobile robots (AMRs) for fulfillment warehouses, today announced a new expansion agreement to deploy a total of 1,000 LocusBots at GEODIS’ worldwide warehouse locations over the next 24 months. This represents one of the industry’s largest AMR deals to date.

“As we continue to navigate industry-wide challenges such as skyrocketing e-commerce demand and labor constraints, it is crucial we remain committed to implementing the most innovative and effective robotics automation solutions available into our warehouses to allow us to best serve our customers,” said Eric Douglas, Executive Vice President of Technology and Engineering at GEODIS in Americas. “Locus’ collaborative multi-bot approach has proven its effectiveness and reliability at each of our sites, giving us the ability to easily scale performance while providing a safe, smart working environment for our teammates. This new expansion agreement reinforces our clear and ongoing commitment to cutting-edge technology to meet our exploding customer volumes globally.”

GEODIS has currently deployed Locus AMRs at 14 sites around the world, serving a wide range of retail and consumer brands, including warehouses in the U.S. and Europe. The agreement will expand that footprint significantly as new sites are deployed.

“Locus’ built-in flexibility, scalability and fast ROI are helping GEODIS to consistently meet and exceed their global customers’ expectations,” said Rick Faulk, CEO of Locus Robotics. “This strategic expansion enables GEODIS to meet the needs of today’s high-growth warehouses and we look forward to continuing to work together to drive operational efficiencies and growth.”

GEODIS and Locus Robotics first began partnering together in 2018 at an Indiana site, allowing the global third-party logistics company to implement Locus’ innovative technology into its operations to support its workforce with the complex picking process. Since then, the Locus Solution has provided improvements in productivity, flexibility and agility while enhancing the workplace environment for teammates by reducing tedious, repetitive tasks to increase retention across sites, ultimately allowing GEODIS to enhance its operations and best meet evolving customer needs.

With the explosion of e-commerce and the ongoing labor shortage, adding robotics automation has become a critical, strategic need to meet customer demands. LocusBots help GEODIS e-commerce warehouses efficiently manage order picking and inventory replenishment, significantly increasing throughput to speed delivery processes. LocusBots significantly reduce unproductive walking time, eliminate maneuvering heavy manual carts through warehouses, lower the physical demands on employees, and improve workplace ergonomics and quality.

To learn more about Locus Robotics, visit www.locusrobotics.com. To learn more about GEODIS, visit www.geodis.com.

About Locus Robotics

Locus Robotics’ revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece-handling productivity 2 – 3x, with less labor compared to traditional piece handling systems. This award-winning solution helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments, easily integrating into existing warehouse infrastructures without disrupting workflows, instantly transforming productivity without transforming the warehouse. In 2021 Locus Robotics ranked 428 on the Inc. 500 and was named as Forrester’s AMR Company of the Year. For more information, visit www.locusrobotics.com.

About GEODIS
GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021. Learn more at www.geodis.com.

GEODIS, a world leader in transport and logistics, today announced that it has signed an agreement to acquire the American company, Need It Now Delivers. The acquisition will enable GEODIS to significantly increase its presence in the United States in the areas of contract logistics and last-mile delivery. The acquisition will also consolidate GEODIS’s position as one of the world’s ten leading logistics providers.

Marie-Christine Lombard, CEO of GEODIS, commented: “The acquisition of Need It Now Delivers is a key step through which we will strengthen and diversify our offerings in the U.S., providing our customers with a global and integrated end-to-end freight network in the United States, from international transport to last-mile delivery. This new acquisition represents an important milestone as we continue to progress on our strategic plan, Ambition 2023.”

Need It Now Delivers operates an expansive domestic road freight network with more than 65 company locations and 300 distribution points, providing strong national coverage, particularly in the eastern United States. To offer its customers complete port-to-door logistics solutions, the company specializes in distribution, last-mile delivery, and in multi-channel contract logistics across a wide range of high-growth industry verticals. Owned in part by management along with the private equity fund Palm Beach Capital, the New Jersey-based company employs approximately 2,000 people and is expected to reach revenues close to $750 million in 2022.

“Our U.S. supply chain business has consistently grown over the last 10 years,” said Mike Honious, GEODIS in Americas President & CEO. “With the services, capabilities, and the leadership team of Need It Now Delivers, we will expand our offerings and support the growth strategies of our customers.”

This acquisition will strengthen GEODIS’s American footprint and e-Commerce services portfolio, with customers able to benefit from the Group’s expertise in end-to-end supply chain expertise in freight forwarding, road transport, contract logistics and last-mile delivery.

Eric Mautner, CEO of Need It Now Delivers, said: “Since our inception in 1987, Need It Now Delivers has scaled rapidly to position ourselves as an industry leader with a special focus on omnichannel and last-mile delivery. Together with GEODIS, our teams can continue to build upon this momentum to provide customers with a more expansive network of flexible, efficient and reliable services that will ultimately allow us to successfully meet projected industry dynamics such as continued e-Commerce growth and increasingly complex supply chains that require the need for omnichannel capabilities.”

Once the transaction is completed, the GEODIS group will employ roughly 15,000 people across more than 200 locations in the U.S and exceeding 17,000 in the Americas. The combined organizations of GEODIS and Need It Now Delivers would have generated $3.7 billion for full year 2021 in the U.S.

The acquisition is subject to regulatory review and approvals, which are expected to be obtained by end of 2022. Both companies will operate as independent businesses and run their operations as usual until that time.

GEODIS – www.geodis.com 

GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021.

PHOTOGRAPHS:

A Selection of photographs can be downloaded HERE

• Growth of 34% in revenues at €6,748 million, at constant exchange rates and scope of consolidation, compared to the first half of 2021
• A sharp rise in EBIT[1]: an improvement of 53% to €309 million compared to the first half of 2021, reflecting the dynamism of the business and strict cost control in an inflationary environment
• GEODIS remains in control of its debt (financial leverage close to 1x[2])
• GEODIS has exceeded the goals of its Ambition 2023 plan, thereby demonstrating the relevance of its business model
• GEODIS has confirmed its ambition for growth in an uncertain environment

Commenting on the first half results for 2022, Marie-Christine Lombard, CEO of GEODIS, said:

“In a turbulent global context, GEODIS has confirmed its capacity to generate profitable growth. In the first half of 2022, the Group achieved revenues of €6,748 million, an increase of 34% by comparison with the previous year. 

These good results demonstrate the relevance of our growth model and allow us to press ahead with our strategy of targeted acquisitions as we seek to build a global, integrated network of transport and logistics hubs.

I would like to thank our customers for their confidence, and our teams for their ability to implement solutions to deal with the disruptions that have affected the global supply chain.”

The first six months of 2022 reflect the success of GEODIS’s transformation and the relevance of its integrated growth model

• A sharp rise in revenues and profitability

Revenues showed solid growth of 34% at €6,748 million, driven by all activities and in particular by Freight Forwarding.

This sustained increase was achieved in a context of extreme tension in maritime and air transport, reflected in high freight rates and shrinking market volumes. In this context, GEODIS continues to grow and gain market share.

Contract Logistics continues its rapid development, particularly in the United States, because of the growth in e-Commerce.

The Road Transport Line of Business enjoyed a good level of volumes in France and other countries.

The Distribution & Express Line of Business continues to be driven by the development of e-Commerce in France.

Overall, this dynamic growth resulted in a significant increase in profitability, with EBIT increasing by 52% to €309 million and EBITDA standing at €598 million.

• An ongoing strategy of targeted acquisitions

GEODIS remains committed to building a comprehensive range of services for managing its customers’ flows, with the construction of a global and integrated network of transport and logistics hubs.

In this perspective, the acquisitions in 2021 of PEKAES in Poland and of Gandon Transports and Transports Perrier in France have been followed by that of Keppel Logistics, which will strengthen GEODIS’s presence in the contract logistics sector in Asia-Pacific, more particularly in Singapore.

GEODIS, fully committed to ESG initiatives

• A greener fleet

With the ambition of achieving a 30% reduction in its CO₂ emissions by 2030 (compared to 2017), GEODIS is pressing ahead with the greening of its fleets of vehicles.

An additional 120 natural gas vehicles have been ordered, bringing the number of trucks ordered powered by bio-CNG (compressed natural gas) for last-mile deliveries in city centers to 320. In addition to a reduction of up to 80% in CO₂ emissions compared to a Euro VI-E diesel vehicle, emissions of both particulates and nitrogen dioxide (NO₂) are as much as 85% lower.

Meanwhile, GEODIS has teamed up with Renault Trucks to develop a new electric truck specially designed for urban logistics.

• Rail-route solutions

A leading player in multimodal transport, GEODIS continues to expand its network in Europe with a new rail line connecting France and Italy. 

• A prize for environmental performance

At the Voluntary Commitments to the Environment Awards 2022, the Group’s Road Transport Line of Business won a trophy for the best progress and was praised by ADEME (the French environmental and energy management agency) for its commitment to reducing its CO₂ emissions.

• Changes to the Group’s governance include the appointment of three new members to the Executive Committee: Celeste Thomasson, as the Group’s General Counsel with responsibility for Legal Affairs, Insurance, Compliance and Audit; Pascale Dubois, as Executive Vice President, Group Communications and Brand; and Laurent Melaine, as the Group’s Chief Commercial and Marketing Officer. 

GEODIS is focused on maintaining its position in the context of inflation and economic slowdown. The group’s short-term outlook remains positive.

The performance of GEODIS operations is good across all Lines of Business and geographical sectors. Nonetheless, the level of macro-economic uncertainty remains high, with the repercussions of the public health crisis in China, inflationary trends, and significant pressure on maritime capacities, among other phenomena.

Link to accompanying image : https://geodis.keepeek.com/b859xVaLU

GEODIS – www.geodis.com 

GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company’s truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021.

[1] Post-IFRS 16 EBIT (Earnings Before Interest and Taxes) consists of revenues and related income minus operating expenditure.

[2] Net financial debt / EBITDA over the past 12 months (excluding IFRS 16).