Geodis H1 revenue down 12% YoY
French logistic provider made 4 key acquisitions this year
Logistics provider Geodis saw its revenue decline to 5.9 billion euros ($6.5 billion), or 12% year over year, for the first half of 2023, with airfreight volumes down 19% YoY, according to earnings released by parent company SNCF today. WHY IT MATTERS: Geodis staved off further revenue decline with strategic acquisitions and a diverse business […]
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