14th October 2020 - FM Logistic’s urban logistics arm Citylogin has opened a second distribution centre near Madrid, Spain, to handle last mile deliveries of big and bulky products to consumers for a leading retail customer.
Revenue up 8,7 % to €1,43 billion, an entirely organic growth
EBIT up 21 % to €42,5 million
Limited impact of Covid-19 on the fiscal year ended on 31 March 2020
€150 million in new contracts, notably in the e-commerce logistics and cosmetics/beauty