1. GSE
    2. Baggage & Cargo

    Vanderlande Reveals Record Net Sales and Order Intake

    July 1, 2015
    Vanderlande has announced a record turnover (net sales) figure of €988 million for the 2015 financial year (April 1, 2014 to March 31, 2015) which is a significant increase of 25% from the corresponding figure of €790 million in 2014.
    Related To: Vanderlande Industries, Inc.

    Veghel, 01 July 2015 – Vanderlande has announced a record turnover (net sales) figure of €988 million for the 2015 financial year (April 1, 2014 to March 31, 2015) which is a significant increase of 25% from the corresponding figure of €790 million in 2014. In addition, the total order intake was a record amount of €1,035 million for the same period, representing an increase of 10% compared to €938 million in 2014.

    The turnover figure has increased due to the substantial growth in Vanderlande’s parcel and postal and warehouse automation (especially food retail and e-commerce) segments, as well as life-cycle services. The growth in new orders has also been relatively high in life-cycle services, which is partly due to the increasing level of digital technology required in the market. The order intake for the baggage handling segment is also higher than the previous financial year.

    Vanderlande’s operational result (EBIT) of €25.3 million for the 2015 financial year was down from € 36.1 million in 2014 – a drop of 30% or a shift from 4.6% to 2.6% as a percentage of sales. This was caused by substantial losses incurred on parcel and postal projects sold in 2013 in North America. The root causes of this incident are known and the appropriate organisational and operational measures have been taken.

    The company is growing quickly. The markets in which it operates are also expanding. Airports are increasing in size and welcoming greater numbers of passengers to create more complex demands for baggage handling. The warehouse automation and parcel and postal sectors are experiencing rapid growth due to the rise of e-commerce, a need to reduce costs and consolidate distribution networks.

    “Overall, the 2015 financial year was positive in terms of the sales and order intake, and the level of profitability was good,” says Govert Hamers, Vanderlande’s CEO. “In particular, the scale and importance of the orders are worthy of note, as well as the fact that it was a record amount in financial terms.

    “The company’s rapid rate of growth is projected to continue by an average of 10-15% per annum in the years to come, which highlights the company’s excellent track record for reliability, commitment and long-term business relationships. Our aim is to provide our customers with value-added automated material handling solutions, so that they can continue to earn more and be increasingly competitive.”

    Company profile of Vanderlande

    Vanderlande is the global market leader in baggage handling systems for airports, and sorting systems for parcel and postal services. The company is also a leading supplier of warehouse automation solutions.

    Vanderlande’s baggage handling systems move 3.2 billion pieces of luggage around the world per year, in other words 8.8 million per day. Its systems are active in 600 airports including 14 of the world’s top 20. More than 20 million parcels (300 packages per second) are sorted by its systems every day. These have been installed for a variety of customers including the four largest parcel and postal companies in the world. In addition, 12 of Europe’s top 20 e-commerce companies and many distribution firms have confidence in Vanderlande’s efficient and reliable solutions.

    The company focuses on the optimization of its customers’ business processes and competitive positions. Through close cooperation, it strives for the improvement of their operational activities and the expansion of their logistical achievements. Vanderlande’s extensive portfolio of integrated solutions – innovative systems, intelligent software and life-cycle services – results in the realization of fast, reliable and efficient automation technology.

    Established in 1949, Vanderlande has more than 3,300 employees, all committed to moving its customers’ businesses forward at diverse locations on every continent. With a consistently increasing turnover of more than one billion euros, it has established a global reputation over the past six decades as a highly reliable partner for value-added automated material handling solutions.

    For more information about the company, its products and technology, as well as career opportunities, please visit www.vanderlande.com.