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"The second half of the year in particular was characterized by a weak economy, rising personnel and transport costs, ever-increasing regulatory requirements and falling shipment volumes. Nevertheless, we held our ground - thanks to the great commitment of our employees. As a family business, we are continuing to invest consistently in the future," explain managing partners Hans-Wolfgang Geis and Jochen Geis.
We are focusing on three key levers: efficiency improvements, artificial intelligence and a broad-based HR program to increase our attractiveness as an employer. The aim is to guarantee first-class logistics services in the long term through motivated, well-trained teams. Around 9,350 employees were working for the Geis Group in 14 European countries at the end of 2024.
A new corporate strategy was developed and introduced in 2024 for our entire group of companies, including our subsidiary Quehenberger Logistics, which has been majority-owned by Geis since 2023. It defines clear focus areas and promotes stronger international integration of all companies. The clear goal: a leading position in Central and Eastern Europe.
Our Road Services business division generated turnover of 1.28 billion euros in 2024 - an increase of 3.1% compared to the previous year. This growth was primarily driven by toll effects and good development in Eastern Europe. We also invested in further growth in this product area through targeted acquisitions. With the takeovers of the Gras Group and the Göttingen locations of Spedition Krüger - operating as Geis Krüger Internationale Spedition since April 1, 2025 - which were signed in 2024 and became effective in 2025, the Geis Group is strengthening its own position in the IDS network and the stability of the groupage cooperation. While Gras is already firmly integrated into the IDS network, Krüger in Göttingen will follow at the beginning of 2026.
Continuity pays off at Geis Kontraktlogistik. The continuous improvement processes of recent years are taking effect - and leading to noticeable increases in efficiency. Our Logistics Services division achieved turnover of 408 million euros in 2024, an increase of 2.0 percent compared to the previous year. In total, we operated around 1.4 million square meters of logistics space across Europe. We also continued to invest in land in order to be able to realize further projects for customers in the future.
Following the challenging post-corona phase with falling freight rates for shipping companies and airlines, our Air + Sea Services 2024 division stabilized and achieved sales of EUR 188 million - an increase of 9.0% compared to the previous year. The strength of this specialist area continues to lie in tailor-made solutions and successful niche projects with which the Geis Group specifically addresses individual customer requirements. In the current year, we have centralized responsibility for this business division across the Group and placed it in the hands of Quehenberger COO Klaus Hrazdira, who is now strategically aligning it for the future with his many years of expertise.
The Geis company Quehenberger Logistics was also able to achieve a slight increase in turnover of 2.4 percent in 2024 despite difficult conditions and contributed a total of EUR 594 million to the consolidated turnover of the Geis Group.
"We made good progress again in 2024 on our joint path of combining the strengths of Geis and Quehenberger. We have continued to grow together and have been able to record important cross-selling successes, so that Quehenberger's Austrian home market is now also the Geis Group's second-largest market", say Hans-Wolfgang Geis and Jochen Geis.
The contract logistics sector in particular is growing strongly in Austria - here alone, we have around 165,000 square meters of modern warehouse space for our customers.
Whether at Quehenberger or the other Geis companies: Sustainability remains a central field of action throughout the Geis Group - after all, we are pursuing the goal of working in a climate-neutral way by 2040. A milestone in 2024: the first eco freight forwarding terminal in Ebersdorf near Coburg, which represents the prototype of a new generation of buildings with a photovoltaic system, green roof and wood-hybrid construction. Investments were also made in a photovoltaic system at the Bad Neustadt an der Saale site, and another is currently under construction at the Nuremberg site.
We are also innovative when it comes to alternative fuels for road transport: we have secured around six million liters of the climate-friendly fuel HVO100 and use it at our own filling stations. Particularly groundbreaking: we are one of the first providers on the market to use a certified “book and claim” procedure to make the CO₂ savings from HVO creditable for our customers - specifically in Scope 3 of their carbon footprint. In this way, we not only create a real reduction in emissions in our own fleet, but also enable real added value for our customers in terms of climate transparency and sustainability.
The economy remains tense - but we are prepared. Technology, employee satisfaction and sustainability will continue to form the foundation for further growth in 2025. The integration of the acquired companies is underway, and our two managing partners are not ruling out further acquisitions.
“We are proud of what we have achieved in the past year - and confident about what the future holds,” say Hans-Wolfgang and Jochen Geis. "Our course is clear, our strategy is in place. We are ready for the next steps."