1. 1.1 Presentation of the Group As a growth partner to more than 81,500 companies, ranging from local SMEs to multinationals, the Group is recognized for its expertise and mastery of all aspects of the supply chain. The Group’s ambition is to support its customers by offering them an end-to-end service, in any part of the world. With a global network covering almost 170 countries and more than 53,000 employees, GEODIS is ranked world number five in its sector. GEODIS recorded revenues of €11.6 billion in 2023. The Group draws its strength from more than a hundred years of experience, an attentive and structured approach to its customers and constant innovation. On this basis, it is GEODIS’s goal to offer its customers all over the world innovative, fully integrated and tailored logistics solutions that optimize the economic, operational and environmental performance of their supply chains. To succeed in a world that is rapidly evolving, GEODIS has to constantly reinvent itself by adapting its business model, processes, tools and organization to address fast-changing markets, customer needs and stakeholder expectations. Changes in the Group’s scope GEODIS carried out acquisitions in 2023 in line with its ambition of supporting its customers in all parts of the world by meeting all their needs in logistics. ● Acquisition of trans-o-flex, a German company specializing in the temperature-controlled distribution of pharmaceutical goods and a leader in express premium delivery. This acquisition establishes GEODIS as one of the most prominent players in the key market of healthcare and significantly enhances its delivery capabilities in Europe. ● Acquisition of Transports DEVOLUY, a family-owned French company specializing in distribution and express services, which has been a partner of GEODIS for several decades. With this acquisition, the Group has consolidated its territorial coverage and distribution capabilities. ● Acquisition of Southern Companies, one of the leading drayage providers in the United States, founded in Miami in 1965. The company runs operating terminals serving seven key ports and provides a full range of import and export services. ● Acquisition of the Swiss freight forwarder, ITS (International Transport & Shipping Ltd). ITS organizes transport and logistics for dedicated industrial projects and services for ocean freight and air freight. 1.2 Activities A specific offer for each business sector At the core of the Group’s approach to earning the trust of its customers is understanding their needs, designing the best solutions, implementing them consistently, measuring operational performance and identifying areas for improvement. To help its customers access its offer, it is structured around two main areas: ● freight management for air transport, sea transport and land transport (road and rail); ● inventory and order management. With 81,500 customers around the world, GEODIS has a thorough understanding of the specific logistics needs of each business sector and it possesses the agility required to meet them. To help customers overcome the logistics constraints of their markets and gain a competitive edge, the Group’s experts design customized transport and logistics solutions specific to each sector of industry. 2023 ACTIVITY AND SUSTAINABILITY REPORT - 9 EDITORIAL > 1. PROFILE AND AMBITION > 2. CSR POLICY > 3. ENVIRONMENT > 4. SOCIAL > 5. ETHICS > 6. TABLE OF INDICATORS
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