FM Logistic released its financial results for the year ended March 31, 2022. The full audited results are available in the annual report.
FM Logistic achieved revenues of €1,518 million for the fiscal year 2021-2022, up 10.7% (at constant exchange rates) compared to the previous year. This growth was driven by a strong omnichannel sales dynamic with e-commerce activities becoming more widespread in the new contracts signed.
We’re putting consumers and sustainability at the heart of our business.
CEO
Working with and for our customers, we have set ourselves the ambition of becoming the champions of a sustainable omnichannel supply chain. We want to be the ones who make things happen.
FM Logistic joins System Alliance Europe.
This European network of 45 leading family-owned transport operators will help FM Logistic to extend its European reach.
In return, the company is contributing by allowing access to its network in Poland and the Czech Republic.
New transport director.
Newly appointed transport business solutions director Nicolas Chéné is responsible for accelerating the digitalisation and
harmonisation of FM Logistic transport services, and reducing transport-related emissions.
Poland & Romania
Poland: 20 years of partnership with IKEA. FM Logistic operates a 157,000m2 logistics centre (equal to the size of 22 football pitches) on behalf of the Swedish home-style brand. This site supplies IKEA stores in 12 countries, from Finland to Croatia.
Romania: : 20 million bottles. This is the annual volume expected to pass through the FM Logistic warehouse in Dudeștii Noi for distribution to 12 countries under the terms of a new contract signed with Diageo, one of the biggest alcoholic beverages companies in the world.
Poland: a broader partnership with Auchan.
Auchan Retail Polska awarded FM Logistic the contract to manage its new Lędziny warehouse. It supplies 41 hypermarkets and supermarkets, and is designed to facilitate the growth of the Easy Auchan brand.
New brand signature: Supply Change.
FM Logistic unveils its new brand signature at a customer event on responsible supply chain models.
Iberian Peninsula: well-oiled logistics for Motul.
The motor oil specialist chooses FM Logistic to strengthen its supply chain in Spain and Portugal. Services include warehousing, co-packing and transport.
India: electric 3-wheelers for the last mile.
FM Logistic uses these vehicles to deliver WayCool Food’s products in Bangalore. A 3-hour battery charge gives them a range of 80km.
Brazil: Henkel entrusts FM Logistic to handle the logistics for its new beauty products line.
The newly installed system “reduces operating costs by 30%”, according to Marlucio Pinho, supply chain manager at Henkel.
Italy & Vietnam
Italy: 27,000m2 extension at Vellezzo Bellini. The Italian logistics platform begins expansion work to accommodate new customers. The project will increase its floor area to more than 70,000m2 by 2023. The buildings are designed to achieve LEED Gold environmental certification.
Vietnam: new contract with a multinational food company. FM Logistic will manage online orders and supply thousands of grocery shops in Ho Chi Minh City.
Poland: the Wiskitki warehouse opens for business.
Dedicated to omnichannel e-commerce, this site will ultimately offer 100,000m2 of warehouse space between Warsaw and Łódź, only 10km from the new central Polish airport.
Everything is accelerating: time to market, online direct sales of products, new business start-up lead times, growth of urban logistics, and demand for alternative storage solutions. At the same time, increasing operational complexity means that customers are looking for partners with the capability to support them for the long haul.
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Urban logistic systems are essential for the vitality of city life. The problem is that the boom in home deliveries has been accompanied by higher levels of pollution, greater traffic congestion and a shortage of local storage space. Issues around the gig economy and zero-hour contracts are also regularly cited as causes for concern. So we are focusing our efforts on three main areas.
The full report here
Our customers want practical solutions that help them reduce their environmental impact. Regulations are also moving in the same direction and low emission zones are becoming increasingly common in our cities. FM Logistic is responding to these trends by continuing the rollout of the strategy it adopted in 2018.
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Skills transformation is central to our strategy. We have twin challenges: increasing our operational performance and responding to changes in supply chains. Our customers trust us to take full control of complex projects, and to do that we must have an integrated overview of the supply chain and expertise in applying the latest knowledge available, especially in terms of sustainable development.
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