Hellmann Worldwide Logistics has announced its financial results for 2024, highlighting strong growth, strategic advancements, and a reinforced global presence.
Despite persistent challenges in the logistics sector, the company achieved an impressive 9% revenue increase, reaching €3.8 billion, up from €3.5 billion in 2023. This performance underscores Hellmann’s resilience and strengthened market position worldwide.
The company outpaced industry averages with notable growth in gross profit, reflecting operational excellence in a volatile economic environment.
Shipment volumes remained stable at 20 million, signaling consistent service reliability and Hellmann’s steadfast commitment to dependable logistics solutions, even in the face of ongoing disruptions.
The company’s financial stability was further solidified by a 10% rise in equity, bringing the total to €444 million.
In 2024, Hellmann made significant strides in executing its long-term strategy. Key investments were directed toward modernization initiatives and a comprehensive digital transformation, aimed at boosting operational efficiency and enhancing the customer experience.
A major milestone in the company’s growth trajectory was the acquisition of HPL Apollo, its U.S.-based joint venture.
This move strengthens Hellmann’s capabilities in temperature-sensitive logistics and expands its global footprint.
The company also restructured and internationalized its Management Board and established a global sustainability organization—steps that reinforce its commitment to environmental responsibility and organizational agility on the global stage.
June 2024 marked a leadership transition as Jens Drewes succeeded Reiner Heiken as CEO. Under Drewes’ leadership, the Management Board has introduced a clear strategic roadmap leading up to 2030, with a strong emphasis on customer-centricity, enhanced productivity, and sustainable growth.
“Thanks to our great team around the world, we were able to continue our growth journey in 2024—despite ongoing challenges in the market,” said Jens Drewes, CEO of 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.”
CFO Martin Eberle added, “Our strong 2024 financial results reflect the robustness of our business model and the strength of our global network.
The significant 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, showcasing substantial progress across all three pillars of ESG—environmental, social, and governance.
The report reaffirms the company’s commitment to responsible and future-ready business practices.
With solid financials, a forward-looking leadership team, and a commitment to innovation and sustainability, Hellmann Worldwide Logistics is well-positioned to continue its trajectory of global growth and industry leadership.
