Hellmann Worldwide Logistics reports strong growth and expanded market position in 2024
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Hellmann Worldwide Logistics reports strong growth and expanded market position in 2024
Osnabrueck, May 28, 2025. Hellmann Worldwide Logistics announces its financial results for 2024, reflecting significant growth, expanded reach in key markets, and a solid financial foundation: Despite a persistently challenging market environment, Hellmann achieved a remarkable revenue increase of 9 %, reaching EUR 3.8 billion, up from EUR 3.5 billion in 2023. This growth highlights the company’s strong performance and reinforced global market position. Hellmann’s ability to outperform in a volatile market is further demonstrated by its gross profit development, which exceeded the industry average. The number of shipments remained stable at 20 million, reflecting consistent operational performance and a continued commitment to providing reliable logistics solutions, even amid disrupted and challenging market conditions. Hellmann’s solid financial position is reinforced by a 10 % increase in equity to EUR 444 million.
In 2024, Hellmann further advanced its strategic agenda: Key investments were made in modernization initiatives and a comprehensive digital strategy aimed at streamlining productivity and enhancing the digital customer experience. A key milestone in Hellmann’s growth strategy and global expansion was the acquisition of HPL Apollo, its U.S.-based joint venture, to strengthen the company’s global presence in temperature-sensitive logistics. Additionally, Hellmann took a major step toward the future with the restructuring and internationalization of its Management Board and the establishment of a global sustainability organization, underscoring its ongoing commitment to environmental and social responsibility.
Looking ahead, under the leadership of Jens Drewes — who succeeded Reiner Heiken as CEO in June 2024 — the Management Board has set out a clear strategic roadmap for 2030 and beyond. With a strong focus on customer centricity, enhanced productivity, and sustainable growth, the company is building on a solid foundation as it moves to expand its global presence and further strengthen its competitive position across all product segments.
“Thanks to our great team around the world, we were able to continue our growth journey also in 2024 – despite ongoing challenges in the market,” says Jens Drewes, CEO Hellmann Worldwide Logistics. “Building on this solid foundation we are ready to enter the next strategic stage and accelerate international growth – side by side with our customers.”
“Our strong 2024 financial results reflect the robustness of our business model and the strength of our global network,” says Martin Eberle, CFO Hellmann Worldwide Logistics. “The strong increase in revenue and equity positions us well for the next phase of growth. We remain focused on driving financial performance while investing in innovation and sustainability.”
Hellmann also released its 2024 Sustainability Report today, showcasing significant achievements across all three pillars of sustainability — environmental, social, and governance — and reaffirming its commitment to responsible business practices.
About Hellmann Hellmann Worldwide Logistics is a global logistics service provider with a comprehensive service portfolio that includes air- and seafreight, road and rail transport, and contract logistics. With annual sales of EUR 3.8 bn and around 12,000 employees in 61 countries, Hellmann moves over 20 mio shipments annually. Based on this broad product range and many years of experience, Hellmann offers innovative logistics solutions for the complex requirements of each individual customer and relies on visionary technical products to ensure maximum customer transparency while creating a more efficient supply chain.
Christiane Brüning Global Head of Corporate Communications Mobile: + 49 151 2034 0316 E-Mail christiane.bruening@hellmann.com Anna Lena Pyhel Consultant Corporate Communications Mobile: + 49 151 2034 0193 E-Mail: annalena.pyhel@hellmann.com Elbestraße 1 D-49090 Osnabrück
www.hellmann.com Thinking Ahead - Moving Forward Handelsregister / Commercial Register Osnabrueck HRA 3760 Komplementärin / General Partner: Hellmann Verwaltungs SE Handelsregister / Commercial Register Osnabrueck HRB 212008 Vorstand / Managing Directors: Jens Drewes (CEO), Martin Eberle, Stefan Borggreve, Madhav Kurup Vorsitzender des Aufsichtsrats der Hellmann Verwaltungs SE / Chairman of the Supervisory Board: Dr. Thomas Lieb USt-IdNr. / V.A.T. Id. no.: DE 11 76 59 402 We operate exclusively in accordance with the German Freight Forwarders' Standard Terms and Conditions 2017 (Allgemeine Deutsche Spediteurbedingungen 2017 – ADSp 2017) and – if they do not apply for performing (supplementary) logistics services – with the General Terms and Conditions of Logistics-Services Providers (Logistik-AGB), as of March 2006. Note: In clause 23 the ADSp 2017 deviate from the statutory liability limitation in section 431 of the German Commercial Code (HGB) by limiting the liability for multimodal transportation with the involvement of sea carriage and an unknown damage place to 2 SDR/kg and, for the rest, the customary liability limitation of 8.33 SDR/kg additionally to Euro 1.25 million per damage case and EUR 2.5 million per damage event, but not less than 2 SDR/kg. You can find the ADSp 2017 here: www.hellmann.com/ffst and the Logistik-AGB 2006 here: www.hellmann.com/loggtc. For further information on the subject of data protection and our handling of personal data please refer to the following link: www.hellmann.com/privacy