News

TGW continues record growth

03.07.2008

Revenues rise 18.9 per cent and profitability is up 25 per cent

TGW Logistics Group closes another record fiscal year in its near 40 years of corporate history. Revenues rise 18.9 per cent and profitability is up 25 per cent on the previous year, setting an impressive rate of expansion for one of Europe’s leading automated materials handling solutions companies.

TGW Logistics Group, headquartered in Wels, Austria, completes another year of record corporate financial results on 30th June. The company expects revenues of € 266.89 million, representing a growth of revenues of 18.9 per cent compared to the previous year. Profits are up by 25 per cent with an EBITA of € 18.84 million.