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.
