Netherlands: Vos Logistics records mixed results in 2016

04.04.2017

Netherlands: Vos Logistics records mixed results in 2016
Transport Online, 04 Apr 2017, Online:-
Dutch logistics services provider Vos Logistics recorded year-on-year a 6.6% turnover increase to EUR 276.20mn (USD 293.12mn) in 2016. When adjusted for fluctuating diesel prices the turnover increased by 8% as existing customers increased their activities and new customers were found. The EBIT decreased from EUR 8.8mn to EUR 6.9mn due to the higher diesel prices and higher other costs. The net profit decreased from EUR 3.8mn to EUR 2.5mn. The investments reached EUR 17mn and the CO2 emission decreased by 2.7% to 0.036kg per transport tonne per kilometre. For 2017, the turnover is expected to increase and the net profit is also to improve. The investments are to reach EUR 38mn in 2017.
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