14/05/2020 – Annual Results 2019/20 — auf Deutsch lesen
Hermes Group continues on the road to success
In the financial year 2019/20 the Hermes Group increased its consolidated turnover by 9.0 percent to Euro 3.5 bn.
In doing so, Hermes has further consolidated its strong second-place position in the three largest European CEP markets and extended its competitive edge in the two-man handling segment in both Germany and France.
The trade and logistics service provider is specialised in the B2C and C2C segments, and has further consolidated its strong second-place position in the three largest European CEP markets of Germany, the United Kingdom and France. Hermes has extended its competitive edge in the two-man handling segment in both Germany and France. Hermes has 15,563 employees around the world, of whom 10,204 (FTE) are based in Germany. The start of the new financial year has been shaped by the coronavirus pandemic. Following an initial fall, Hermes Germany has since seen shipment volumes increase by around 40 percent, while ensuring that delivery quality remains consistently high.
Kay Schiebur, Otto Group Services Executive Board Member and Chair of the Supervisory Board of Hermes Europe:
"The Hermes Group has again recorded above-average growth for 2019, both in terms of turnover and shipment volumes, and has done so in a highly dynamic and competitive market environment. We are particularly pleased that, in respect of profit performance, it proved to be one of the best financial years in Hermes’ history. Continued investments in a dense network of modern locations and in new technologies were significant factors in this success. In addition, innovative and customer-centred solutions for final-mile delivery have helped us to unlock further opportunities for growth. As a logistics partner to numerous major online shops and multi-channel retailers, these investments have seen Hermes continue to play its role in the growth of global e-commerce. The Group has also recorded increased volumes and turnover from cross-border shipments, in particular from China and the USA."