Consolidated turnover grew by +8.5% to €3,880 million (stable at constant exchange rates and constant perimeter), thanks to the resilience of Transport, dynamic growth of Logistics and continuous development of Freight forwarding
Earnings before Interest, Tax and Amortization (EBITA) increased by +9.1% to €142.3 million, while operating income margin remained stable at 3.7% of turnover
Significant reduction (-22%) in net financial debt with a leverage ratio of less than 2x at the close of the financial year
The Group strengthened its international profile by acquiring John Keells Group’s freight forwarding activities in India/Sri Lanka, as well as Nova Natie’s logistics/freight forwarding activities in Antwerp