Sales Growth for Quehenberger

CompaniesTransport ♦ Published: February 23, 2011; 09:23 ♦ (Vindobona)

The Austrian logistics company posted higher sales in 2010 than expected, however without reaching the profit zone.

Sales Growth for Quehenberger / Picture: ©

Salzburg’s Quehenberger Logistics Group achieved sales for € 371.8m in 2010 and was thus able to exceed its own forecasts by 3%. A loss in the low single-digit million range is expected for the whole financial year, but the core area of the logistics group was profitable however.

The situation is finally expected to change in the present year. The group has still to overcome…