Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-

(BLH)
  Report
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Bremer Lagerhaus Geslschft Von 1877 : BLG starts up new logistics center for Siemens gas turbines

05/28/2018 | 06:33am EST

For 2017, BLG LOGISTICS recorded sales of EUR 1 billion and EUR 87.8 million. That is an increase of EUR 42.2 million or four percent compared to 2016. The pre-tax result (EBT) increased significantly by EUR 2.7 million or 8.8 percent to EUR 33.5 million (previous year: EUR 30.8 million). The increase resulted in an increase of the EBT margin of 3.1 percent (previous year: 2.9 percent). That means both the EBT and the EBT margin are not only better than in the previous year, but better than forecast.

Last week BLG LOGISTICS officially started operations in its new, state-of-the-art logistics center in Falkensee near Berlin. The facility offers a logistics area of 22,000 square meters, 1,100 square meters of outside storage space, and 1,300 square meters of office space. The BLG focus here is on plant logistics services. The BLG team supplies the production shop of the Siemens gas turbine facility in Berlin-Moabit and its external location in Berlin-Siemensstadt.

All materials and intermediate products from the various suppliers come together in the new logistics center. 'We're responsible for picking of the components delivered, on-site transportation with our own trucks, and distribution of the materials to the installation locations in the Siemens plant,' explains Christian Dieckhöfer, Managing Director of BLG Industrielogistik GmbH & Co. KG. He adds: 'Since April 2017, our team at the Falkensee location has already been handling inbound logistics for the gas turbine production location. So far, we've been using a consolidation center in the plant itself for these activities.' BLG LOGISTICS has been a Siemens partner since 2000. Today it provides services for the customer's various divisions at a number of locations.

In October 2017, the project developer Panattoni Europe started construction of the new, sophisticated facility in Falkensee. Logivest GmbH provided project support. The new logistics center aims to achieve Gold certification from the German Sustainable Building Council (DGNB). Although the facility is already operating at near-full capacity, a few square meters are still available for further development.

64,000 square meters of logistics space
In the direct vicinity is a supplier logistics center BLG LOGISTICS has been using for four years to handle all external warehouse processes for the Siemens switching system production plant in Berlin. Now, on a total 43,000 square meters of roofed-over logistics space and an outside area of 21,000 square meters in Falkensee, BLG provides services such as procurement logistics, production supply, distribution logistics, customs warehousing, set compilation, technical inspection, and post-processing for customers in machinery and plant construction, high-tech and automotive manufacturing. Christian Dieckhöfer says: 'The BLG Group draws on excellent competencies in implementing large, complex greenfield projects. You can see impressive proof of that in our high-tech logistics centers with automated, innovative equipment in Falkensee.' Falkensee, on the north-western outskirts of Berlin, offers two crucial location advantages: direct access to Freeway 10 via the Berlin-Spandau slip road, and closeness to Siemensstadt, where various BLG customers are based.

Disclaimer

BLG - Bremer Lagerhaus-Gesellschaft AG published this content on 28 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 May 2018 10:32:02 UTC


ę Publicnow 2018
All news about BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-
10/14FOUNDATION STONE LAID FOR C3 BREMEN : largest continuous photovoltaic roof area
PU
09/27BREMER LAGERHAUS GESELLSCHAFT VON 18 : BLG LOGISTICS and Hyundai celebrate expansion of Do..
PU
09/09BREMER LAGERHAUS GESELLSCHAFT VON 18 : Ten years of BLG RailTec in Falkenberg
PU
09/06BREMER LAGERHAUS GESELLSCHAFT VON 18 : 10 Years of RailTec in Falkenberg
PU
07/30ADLER TEXTILE LOGISTICS : Zeitfracht chooses BLG
PU
06/24BREMER LAGERHAUS GESELLSCHAFT VON 18 : Matthias Magnor to become new Head of CONTRACT divi..
PU
06/03BREMER LAGERHAUS GESELLSCHAFT VON 18 : BLG LOGISTICS reports challenging business year at ..
PU
04/23KELHEIM : Strong location continues to grow
PU
04/212020 FINANCIAL YEAR : BLG LOGISTICS on a clear course for the future despite losses
PU
04/21Bremer Lagerhaus-Gesellschaft -Aktiengesellschaft Von 1877- Reports Earnings Results fo..
CI
More news
Financials
Sales 2020 1 065 M 1 201 M 1 201 M
Net income 2020 1,12 M 1,26 M 1,26 M
Net Debt 2020 854 M 963 M 963 M
P/E ratio 2020 41,3x
Yield 2020 0,92%
Capitalization 42,2 M 47,8 M 47,6 M
EV / Sales 2019 0,70x
EV / Sales 2020 0,84x
Nbr of Employees 11 609
Free-Float 100%
Chart BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-
Duration : Period :
BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- Technical Analysis Chart | BLH | DE0005261606 | MarketScreener
Income Statement Evolution
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