Norbert Dentressangle reports revenue rise
Leading logistics and transport services company, Norbert Dentressangle has announced its revenues have increased by two percent to €2,959 million for the first nine months of 2013.
Transport revenues posted a modest 2.0 percent fall to €1,514 million thanks to a slight recovery in the third quarter.
Logistics revenues rose by 7.3 percent to €1,409 million boosted by a strong momentum in its traditional markets, the integration of the Fiege Italian and Spanish businesses and the start-up of operations outside Europe.
Freight forwarding generated revenues of €94 million, however, the recently acquired Daher Group’s freight forwarding businesses in France and Russia will be included from October 1.
The company’s statement confirmed that EBITA 2013 reached comparable levels achieved over the past few years.
Hervé Montjotin, Chairman of the Executive Board, said: “In line with expectations, Norbert Dentressangle is reporting an encouraging increase in its business activities for the first nine months of 2013, primarily driven by a return to growth in the third quarter.
“In particular, our Group is taking advantage of its now significant exposure to economies which are growing at a faster rate than that of France.
“The Transport business returned to growth in the third quarter. The Logistics business reported robust growth which is accelerating thanks to a sound commercial momentum in its European markets, the launch of the businesses with our customer Danone in Saudi Arabia and in Russia, and the consolidation of Fiege’s businesses in Italy and Spain.
“The Freight Forwarding business will benefit from the consolidation of Daher’s French and Russian freight forwarding businesses as from the fourth quarter. Based on this performance, we are confident in our ability to maintain our operating income (EBITA) at a level comparable to that achieved over the past few years.”
In the UK, Norbert Dentressangle’s major manufacturing and industrial customers include Ardagh Glass, Bridgestone, Continental Tyre Group, Daikin, JCB, Kimberly-Clark, Interfloor, Mitsubishi Electric, Outokumpu, Pilkington, Tata Steel, The Highways Agency and Velux.
Accenture Acquires SCM Software Firm Blue Horseshoe
Accenture has announced its acquisition of Blue Horseshoe, a US-based supply chain management software provider and consultancy firm.
Upon completion, Blue Horseshoe’s 349 professionals will join Accenture’s Supply Chain & Operations group, expanding the professional services group’s capabilities to create more interconnected and resilient supply chains for clients.
“To be competitive, companies need to transform their supply chains to deliver the innovative and hyper-personalised products, services and experiences that are in high demand—and fulfilment is core to that transformation,” said Renato Scaff, Accenture’s Supply Chain & Operations North America lead. “Blue Horseshoe’s deep fulfilment consulting experience and methodologies support Accenture’s vision for building customer-centric, resilient and responsible supply chains that benefit people, society and the planet.”
Who are Blue Horseshoe?
- Founded: 2001
- CEO: Chris Cason
- Employees: 349
- Offices: 4 in USA, 1 in Amsterdam, 1 in Estonia
- Key customers: Lids, Pabst Brewing Co., Half Price Books, Britax, Major Brands
Founded in 2001 in Indiana, USA, Blue Horseshoe now operates from six offices across the US and Europe. The company provides cloud-based solutions for supply chain management, ERP, warehouse management and transportation management systems, including its own Supply Chain Cloud platform, as well as Oracle NetSuite and Microsoft Dynamics 365 Supply Chain Management as a Microsoft Inner Circle Partner.
Blue Horseshoe specialises in fulfilment and distribution solutions, with expertise in the food and beverage, consumer packaged goods, and retail distribution industries. Over the past 20 years, the company has improved around 700 supply chains, including those of leading companies such as fashion retailer Lids, cosmetics company Regis Corporation, Pabst Brewing Co., and family-owned bookstore chain Half Price Books.
“For two decades, we’ve worked with clients to build connectedness, efficiency and automation across their enterprise and supply chain operations,” said Chris Cason, CEO, Blue Horseshoe. “As part of Accenture, we will bring increased scale and combined expertise to help clients put in place next generation supply chain and fulfillment strategies that meet customer expectations and support business growth.”
Accenture's acquisition of Blue Horseshoe is subject to customary closing conditions.