Park Logisitics - Creating Supply Chain Solutions

Park Logistics - Creating supply Chain Solutions

Creating Supply Chain Solutions
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40pc order rise for Vanderlande

Automation specialist Vanderlande saw its order intake increase 40 per cent last year with growth coming in all segments – particularly baggage handling. 

Turnover  at 565m euros was similar to the previous year and net earnings were 2.9 per cent of sales.

CEO Michiel Peters said: “With the 40 per cent increase in order intake, Vanderlande Industries has strengthened its position in a recovering market, and is on track to realise its strategic agenda. The lower net earnings are mainly due to margin pressures.”

In January, Vanderlande acquired Beewen, the AS/RS specialist. Vanderlande said the move meant it was better positioned to serve both airports and warehouse automation customers.

Article source: http://www.logisticsmanager.com/Articles/Article.aspx?liArticleID=18738