Message from Marie‑Christine Lombard Chief Executive Officer of GEODIS In 2023, GEODIS once again delivered a strong performance in a difficult international environment, marked by a global economic slowdown and geopolitical tensions. Weak demand affected the freight market, as did a general decline in volumes and significantly lower air and sea freight rates. This resilience is reflected in our results. Thanks to the commitment of its teams around the world, the Group generated sales of €11.6 billion in 2023, and succeeded in improving its margins thanks to its robust and balanced business model, its policy of price adjustments coupled with productivity gains on costs, and its sales development strategy. GEODIS remains committed to its ambition of developing global logistics solutions to support its customers. The acquisition of trans-o-flex, the German leader in express and temperature-controlled transport of pharmaceutical products, is a perfect example of this. It also reflects our desire to strengthen our positions in activities with a strong social impact, such as the healthcare sector. Resilience, integrated logistics solutions and decarbonization: three strong markers of the Group’s transformation 4 - 2023 ACTIVITY AND SUSTAINABILITY REPORT
RkJQdWJsaXNoZXIy NzMxNTcx