8
BULKDISTRIBUTOR
Tank Containers & Tankers
Volumes up for VTG
tanks
V
TG’s tank container logistics division saw a healthy transport volume in the first half of
2016, with the number of orders rising in Europe and overseas traffic remaining stable.
After a weak start to the year, year-on-year revenue edged up from €82.2 million to €83 million, a gain
of 0.9 percent. Primarily due to the non-recurrence of an extraordinary result of €1.5 million from the
sale of a holding in the first quarter of 2015, EBITDA was down by 12.8 percent, declining from €6.6
million to €5.8 million in line
with expectations.
Adjusted for this, EBITDA was
up 13 percent in the first half of
2016 compared to the same
period in the previous year. The
gross profit-based EBITDA
margin thus stood at 38.1
percent, remaining unchanged
from the adjusted figure for the
first half of 2015.
VTG group net profit
improved sharply, increasing by
around 50 percent to €26.7
million (H1 2015: €18.1
million).
November/December 2016
Talke takes on Praxair
drivers
T
alke Group is taking over the 13-person workforce at the two Praxair fleet locations in the
Netherlands.
With immediate effect, the newly founded Talke Gas Logistics BV will be responsible for transporting
liquefied and compressed cylinder industrial gases from Praxair BV in the Netherlands.
Together with management and employee representatives from Praxair BV, group managing director
Alfred Talke and Daniel
Gutmann – general
manager of Grimmener
SpeziTrans & Service
GmbH,