Tag: Danzas

Danzas: High turnover, not enough profit

As in the previous two years, Danzas expanded its market share in the fiercely contested logistics sector and has grown to become the leading global provider of logistics solutions,» explained CEO Peter Wagner proudly at the dinner organized for the media in Basel. The group’s net turnover climbed from EUR 4.45 billion to 8.29 billion during the year 2000. Acquisitions accounted for 60% of the explosive growth rate of 86%, and organic growth for 26%.

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DANZAS EXPANDS RAPIDLY

Danzas, the Swiss logistics subsidiary of Deutsche Post AG, the German post office, last year showed a strong rise in income following acquisitions and substantial organic growth. Net turnover rose by 86.3 per cent to 8.289bn euros. Ebita rose from a loss of 27m euros to a profit of 113m euros. Figures for 1999 have been adapted to conform to IAS.

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After banner year, Danzas sees 'modest' outlook

Danzas Group, the logistics arm of Germany’s Deutsche Post AG, boosted its net revenue by 86% last year through acquisitions and expansion, but expects only modest growth this year, partly because of the cooling U.S. transportation market.

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