HomeBUSINESSGrupo Garland maintains growth and revenues of 144 million in 2022

Grupo Garland maintains growth and revenues of 144 million in 2022

Grupo Garland, one of the main players in the logistics, transport and navigation sector, is already growing more than before the pandemic.

The Garland Group, one of the national leaders in the areas of logistics, transport and navigation, earned 144.3 million Euros last year, 13% more than the previous year and 21% more than in 2019 (the last full year before the pandemic) .

After a slight drop in 2020 of 18% compared to the same period last year, driven by the effects of Covid-19, 2021 was already a year of exponential growth for Garland, which then increased its turnover by 29%. The Garland Group has recorded an average annual growth of 6.4% since 2019.

A large part of the Garland Group’s turnover was obtained from its operations in Portugal. With a turnover in the national territory of 129 M€ (89% of the total), the turnover in the country grew 21% compared to 2021 and 31% compared to 2019.

According to the company’s CEO, Mark Dawson, “with close to 250 years, the Garland Group owes its longevity to its financial solidity and the flexibility with which it adapts to adverse moments, taking advantage of them to grow. , we never stopped investing in our logistics park and in our technological development”.

The head of the Garland Group also adds that, during the most critical phase of the pandemic, “the group knew how to stand alongside its employees, partners and suppliers, seeking to mitigate the effects of this crisis for everyone. This way of being means that our various partners are our first ambassadors, helping us to grow”.

Growth in all business areas

Last year, the Garland Group recorded growth in all areas of business.

Garland Logistics was the group’s fastest growing company. The number of pickings grew by 14% compared to 2021, from 7.8 to 8.9 million and pallet storage increased from 336,500 to 519,000 (54% more).

The Group’s transport companies – Garland Transport Solutions and Garland Maroc, moved 684,000 tons by truck, 4% more than in 2021, and 1,170 tons by air, an increase of 11% compared to the same period.

Garland Shipping (in Portugal and Spain as a whole) grew by 1% compared to 2021, managing 505 ships and handling 55,000 TEUS. It should be recalled that the Covid-19 pandemic has disrupted maritime freight services, leading to cancellations, port delays, and shortages of containers.

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