News / ‘Customers should be customers of each of our business lines’, says Geodis chief

© Sylvain Robin

France’s Geodis is looking to increase its operating income (EBIT) margin from 3.8% to 6% of global revenue over the next three years, despite only stable or even declining sales which are a far cry from the peaks reached by ocean and air freight rates during the exceptional 2021-2022 period.

The plan forms part of the SNCF-owned logistics group’s recently presented Ambition 2027 strategy.

Geodis reported an 8.6% drop in revenue in the first half of the current year to €5.54bn ($5.72bn).

In an ...