Norbert Dentressangle celebrates 20 years' listing on Euronext in Paris
1994 - 2014:
* market price 10 times higher
* dual Euronext listing on Paris and London (since 2013)
* a clear strategic vision and sound financial management has enabled Norbert
Dentressangle to become a leading international player in supply chain
management
LYON, France, (10 September 2014)
Hervé Montjotin, Chairman of the Management Board, rang the stock market
closing bell in Paris at 5.30 p.m.today, at a ceremony to mark 20 yearsof
Euronext listing for Norbert Dentressangle. A genuine success storythatplayed
its part in the continuous development of the French group now operatingon a
global scale.
Twenty years ago, on 9 June 1994, Norbert Dentressangle was floated with an
initial listing at €10.87. , , With a turnover of 2.2 billion francs - around €
330 million -, the company founded byNorbert Dentressangle in the Drôme region
of France in 1979, was present in five countries and employed 3600 people.
Although the leading French operator in logistics, transport and air & sea
freight is still a family business, its ambition and successes have naturally
led to its taking its place amongst the world leaders in supply chain
management, combining continuous organic growth with strategic acquisitions.
The latest of these, the €560 million acquisition of the US company Jacobson
completed on 29 August 2014, begins a new key phase, with the United States
becoming the group's third-largest market and the logistics business accounting
for more than 50% of turnover. With 43,200 employees spread over 25 countries
and an annual turnover of around €5 billion, more than 60% generated outside
France, Norbert Dentressangle is today a major French-owned international
group.
The significant growth of Norbert Dentressangle over the last 20 years has
allowed the group to exceed the strategic ambitions set out in 1994, by
extending its expertise to air and sea freight and successfully reaching beyond
Europe to become the top transporter and a leading logistics operator in
Europe. Major investments have been made in information systems, while service
quality, environmental performance and security have been seen as priorities.
The group has endeavoured constantly to raise the level of service provision to
its customers, making flow management a key factor in operational performance
and competitiveness.
During this rapid growth, the group has always demonstrated its sound financial
management, with the value created by the group's activities translating into
value for its shareholders.
With market capitalization now 10times higher than in 1994,Norbert
Dentressanglecontinues to maintain sustained growth.
The 1994 listing in Paris increased the group's investment capacity in the
transport and logistics' sector. In 2013, the dual listing on Euronext London
helped to emphasize the significant contribution of its activities in the
United Kingdom and gain greater visibility amongst a wider circle of investors.
This financial performance reflects the group's economic and social
performance, the soundness of its economic model and its business culture.
In marking this anniversary, Hervé Montjotin proudly commented: "Celebrating
our 20th year of being listedwhen we have just finalized our first major
acquisition in the United States is, in our view, absolutely symbolic of an
ambitious growth path. It represents a furtherkey stage in our
developmentstrategy."
Today, 10 September 2014, at the closing of the Paris stock exchange, Norbert
Dentressangle shares were quoted at €113, a rise of 1.99%.
The video of the ceremony is available on the Euronext website at the following
address: https://www.euronext.com/fr/listview/bell-ceremonies-paris
About Norbert Dentressangle :
Norbert Dentressangle is an international player in logistics, transport and
air & sea freight with 43,200 staff and a presence in 25 countries. At 31
December 2013, its turnover was €4 billion, including 60% generated outside
France. Norbert Dentressangle develops high added value solutions in its three
sectors of activity on the European, American, African and Asian continents and
places sustainable development at the core of its business. Included in the CAC
Small and CAC All Tradable indices, Norbert Dentressangle is run by a
Management Board chaired by Hervé Montjotin.
Euronext Paris (category B) / Euronext London, Code GND - Isin FR0000052870
www.norbert-dentressangle.com
Contacts:
Norbert Dentressangle DGM Conseil
Head of Communications Press Relations
Thierry LEDUC - Tel: +33 4 72 83 66 00 Olivier Labesse - Tel: +33 1 40 70 11 89
Email: thierry.leduc@norbert-dentressangle.com Email: labesse@dgm-conseil.fr
Thomas de Climens - Tel: +33 1 40 70 11 89
Email: thomasdeclimens@dgm-conseil.fr
Hugues Schmitt - Tel: +33 1 40 70 11 89
Email: h.schmitt@dgm-conseil.fr