- In 2018, for the first time in ten years, the company generates a profit
- Increase in turnover to € 468 million
In 2018, for the first time in ten years, the trans-o-flex logistics group was able to generate a profit. "After having reached the break-even point in 2017, this result definitely shows that the rehabilitation of the company has been successful”, says Wolfgang P. Albeck, CEO of trans-o-flex. Traditionally, the company does not provide any information on the amount of profit.
For Albeck, the successful turnaround is “clear proof that our strategy of focusing on 100 percent quality has paid off.” For a logistic company, service quality is even more important than cost optimisation. “Together with efficiency, reliability is the highest value we can offer our customers.” In 2018, in addition to its focus on quality, trans-o-flex also continued its strategy of streamlining shipments, which began two years ago. “We have again disposed of shipments that do not fit into our structure or that were unprofitable”, explains Albeck. Despite streamlining shipments, the company’s turnover increased to 468 million euros. “This also reflects the consistent further development of our company into an express service provider, because the number of shipments we deliver on a particular day or to a time selected by the customer has increased both in relation to the total volume of all shipments and in absolute terms.”
In 2019, trans-o-flex intends to continue this growth course. The budget agreed upon with the shareholders provides for an investment volume of € 35 million for the current year. “We will invest this money primarily in the acquisition of new vehicles, IT and sorting technology. In addition to this, locations will be renewed and expanded”, explains Albeck. In 2018, trans-o-flex had a workforce of 2,047 employees, 0.6 % less than in the previous year. The number is expected to rise slightly in 2019. “We will be hiring additional staff, mainly in Sales and Customer Service.”
The trans-o-flex Group’s core competence focuses on the provision of logistic solutions for the pharmaceutical, cosmetics and consumer electronics industries as well on the transportation of other high-quality, sensitive goods. For the transportation of pharmaceutical products, trans-o-flex has built a nationwide network that includes active temperature control and full documentation. To this end, the company, in its Pharma Logistics business area, has installed transport systems that are suitable for the transportation of pharmaceutical products in the temperature ranges of between 15 and 25 °C and between 2 and 8 °C in compliance with the EU directives for the transportation of pharmaceutical products. In its Technology Logistics business area, trans-o-flex organises transports for customers from other industries, mainly consumer electronics. These customers also benefit from the high standards with respect to safety, hygiene, reliability and transparency which trans-o-flex has established for the pharmaceutical industry. In its Contract Logistics business area, trans-o-flex bundles services from storage and picking & packing up to individual value-added services. At an international level, trans-o-flex focuses on the implementation of logistic concepts via the networks EUROTEMP (temperature-controlled logistics) and EURODIS (in 36 European countries). Both nationally and internationally, trans-o-flex, in contrast to 100-% parcel services or forwarding agencies, delivers both goods in parcels and on pallets and also offers special services, such as the transportation of hazardous goods (without being limited to small quantities), express and time-window deliveries, shipment consolidation as well as direct deliveries. Thus, the company covers the entire logistic chain from procurement and warehousing to distribution and fulfilment. In 2018, annual sales of the trans-o-flex Group, which has a workforce of approximately 2,050 employees, amounted to ca. € 468 million. For more information, go to www.trans-o-flex.com.
trans-o-flex Express GmbH & Co. KGaA
Hertzstraße 10
69469 Weinheim
Telefon: +49 (6201) 988-0
Telefax: +49 (6201) 988-980
http://www.trans-o-flex.com
Public Relations
Telefon: +49 (6201) 988-134
Fax: +49 (6201) 988-343
E-Mail: pr@tof.de
