"We deliver."
Summing up the developments in the three divisions, Frank Dreeke said: "The result for 2023 exceeded our expectations and is proof of our reliability, performance capability and our entrepreneurial strength in a dynamic and challenging business environment."
"Delivering" is the title of this year's Annual Report. "Short, simple and to the point. Delivering is what we do every day. We move goods, raw materials and products of all kinds. From the smallest screws for global automobile production to core assemblies for the Ariane 6, due to be launched into space in the near future. We deliver. Every day with high performance, expertise and passion," said BLG CEO Frank Dreeke in his address.
That would not be possible without the employees of the BLG Group, he stressed. BLG LOGISTICS provides approx. 20,000 jobs around the globe. "To recruit, train and retain employees, we aim to permanently raise awareness on the employment market of our company as an attractive employer. The basis for this are our corporate values and corporate culture," said Frank Dreeke.

Prospects for 2024
The BLG CEO admitted to some concerns about the future: "The Middle East conflict and the continuing war in Ukraine could exacerbate the situation further. We continue to operate in a volatile market environment. To meet these challenges, we are investing heavily in flexibility, digitalization/AI, automation and sustainability. BLG is a well-positioned, robust, future-oriented and competitive company."

Following the report and questions from the shareholders, the Annual General Meeting approved the actions of the Supervisory Board and the Board of Management with a large majority, and also approved the payment of a dividend of EUR 0.45 for the financial year 2023.

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BLG - Bremer Lagerhaus-Gesellschaft AG von 1877 published this content on 12 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2024 12:15:07 UTC.