Dentressangle boosts revenues

Norbert Dentressangle closed 2011 with revenues of €3.6bn, up 26 per cent on the €2.8bn achieved in 2010. Of these revenues, 55 per cent came from operations outside France as opposed to 44 per cent the previous year. "Norbert Dentressangle maintained a healthy rate of growth throughout the year," says CEO François Bertreau. "Acquisitions in 2011 (TDG and APC Beijing International) have bolstered our group's international profile and put us in very good standing in the freight forwarding market. Despite this solid performance, we have remained watchful of changes taking place in our customers' business, which at the end of the year showed signs of slowing."

The company's transport segment consolidated its market position in 2011 with revenues of just under €2bn, an increase of 20.2 per cent. Overall, this performance, the company says, "was steady throughout the year despite a less favourable economic environment in December". Meanwhile, its logistics business saw it revenues jump by 28.9 per cent to almost €1.6bn, "buoyed by solid growth" in the UK. During 2011, its freight forwarding operations continued to grow rapidly. "The TDG and APC Beijing International acquisitions afforded Norbert Dentressangle the opportunity to reach the next stage in the development of its new activity and become a major provider in this market," it says, adding that "this business segment posted €86m compared with €12m during the prior fiscal year".

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