Waiting for the full 2020 annual report, Germany’s Röhlig Logistics released a short trading update in which on Wednesday it said that:

– Last year it doubled ebit from €5.2m to €11.8m;

– It maintained gross profit (GP) around the previous year’s levels while growing GP in contract logistics;

– GP stood at €140m.

It added that Germany was a chief contributor mainly through air freight charters.

The Asian business also developed positively, as China and Taiwan recovered quickly. In LATAM, improvement was noticeable, as it ...

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