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BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-

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Adler textile logistics: Zeitfracht chooses BLG

07/30/2021 EST

As from August 2021, BLG has taken over the entire logistics for the fashion brand Adler on behalf of Zeitfracht. The Berlin-based logistics group, which was gained as an investor in June 2021, decided on BLG together with the management of the fashion company. BLG draws on more than 30 years of experience in fashion logistics.

In the coming years, BLG will supply the currently 145 Adler branches in Germany, Austria, Luxembourg and Switzerland as well as end customers. The company will provide not only hanging and folded goods logistics for Adler, but also textile reconditioning, returns management including refurbishment and repackaging as well as, if required, further value added services at its Hörsel site. The logistics center in central Germany is a multi-user location at which BLG also offers other renowned companies in the sports and fashion industry complex storage and logistics solutions along the supply chain.

BLG Sports- & Fashion Logistics in Hörsel

Disclaimer

BLG - Bremer Lagerhaus-Gesellschaft AG published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2021 10:01:01 UTC.


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Financials
Sales 2020 1 065 M 1 205 M 1 205 M
Net income 2020 1,12 M 1,26 M 1,26 M
Net Debt 2020 854 M 966 M 966 M
P/E ratio 2020 41,3x
Yield 2020 0,92%
Capitalization 41,5 M 46,8 M 46,9 M
EV / Sales 2019 0,70x
EV / Sales 2020 0,84x
Nbr of Employees 11 609
Free-Float 100%
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Managers and Directors
Frank Dreeke Chairman-Management Board
Jens Bieniek Chief Financial Officer
Karl-Heinz Dammann Member-Supervisory Board
Karoline Linnert Member-Supervisory Board
Patrick Wendisch Member-Supervisory Board