News in English Waberer’s report on growth in 2016 business year

Waberer’s report on growth in 2016 business year

Gergő Panker | 2017.05.21 21:35

Waberer’s report on growth in 2016 business year

Compared to the same period in the previous year, Waberer’s registered a 9.5 percent revenue increase (€572.4 million) and 12.1 percent growth in their EBITDA (earnings before interest, taxation, depreciation, and ammortisation) in 2016, signalling a stable performance by the company.

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The growth is primarily a result of the Europe-wide increase in the demand for road transport and a successful growth strategy. Waberer’s regional contract logistics division performed exceptionally well: in 2016, the branch’s revenues grew by 10.9 percent.

In line with their corporate strategy, Waberer’s fleet grew by 3 percent from the previous year, and currently consists of 3,550 vehicles, with an average age of approximately two years.

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