Financial year 2019/2020
TGW celebrates record sales
TGW Logistics Group has closed the 2019/2020 financial year (July 1, 2019 to June 30, 2020). The intralogistics specialist's turnover grew from 719 to 835.8 million euros. A record!
The company can therefore look forward to a new record in its 50-year history. The number of employees also grew - by more than 250 to 3,667. In the 2019/20 financial year, intralogistics specialist TGW recorded incoming orders with a total volume of 822 million euros - in Europe, the USA and China. Harald Schröpf, CEO of TGW Logistics Group (pictured), emphasizes: "Many companies commissioned TGW to automate their intralogistics in the past financial year: from Urban Outfitters and Zalando to the Austrian fashion retailer Personalshop. Compared to the previous year, we were able to increase our turnover by more than 16 percent to 835.8 million euros - a new record in our company's history."
EBIT amounted to 37.1 million euros - after 27.9 million in the same period of the previous year. This corresponds to an increase of more than 33 percent. As a foundation company, TGW may not be sold. Two thirds of the profits remain in the company and are invested - in employees, infrastructure and innovations. Ten percent of the profit also goes to the charitable projects of the Future Wings Foundation, which focus on the holistic personal development of children and young people.
For the third time, TGW is distributing a dual employee participation program of 4.1 million euros to its 3,700 employees. In the interests of transparency and fairness, all employees receive the same basic amount: regardless of their function and whether they work in Austria, China or the USA.
You might also be interested in
Pocket sorter: goods transported autonomously to their destination
TGW Logistics installs a SmartPocket system for the mail order company Personalshop in Polling, Tyrol.
read more...Shuttle warehouse with 160,000 storage spaces
Electrical wholesaler automates fulfillment center with TGW
TGW Logistics recently handed over a highly automated intralogistics system to FEGA & Schmitt Elektrogroßhandel GmbH. With the investment in the logistics location in Heilsbronn, the electrical wholesaler benefits from shorter throughput times...
read more..."Dancing with Robots"
With a live performance under the motto "Dancing with Robots", Trapo will be presenting intelligent automation and robotics solutions for the packaging industry at Interpack 2026.
read more...100+ installations worldwide: Trust through practice
Automation must function reliably, every day, at all times. With more than 100 adapter-based sorting systems from Dürkopp Fördertechnik (DFT) installed worldwide, the technology has proven itself in continuous industrial operation.
read more...Bonfiglioli focuses on modularity and automation
Bonfiglioli had two stands at Logimat: in Hall 9 with forklift trucks and warehouse machines and in Hall 3 for materials handling technology and industrial automation. In the area of industrial trucks, the company presented complete drive solutions,...
read more...Movu Robotics at the Logimat 2026
Transformation to a 4-way pallet shuttle system
Movu Robotics, a member of the stow Group, will be demonstrating at Logimat how it is driving the large-scale transformation of automated storage and retrieval systems (ASRS) to 4-way pallet shuttle technology.
read more...Bosch Rexroth at the Logimat 2026
Humanoid robot on AMR platform
Mobile robotics is well established in intralogistics, now humanoid robotics is moving more into focus. At Logimat, Bosch Rexroth is presenting a mobile humanoid robot on an AMR platform for the first time.
read more...Experience Zero-Touch live
Schönenberger Systeme will be presenting a live intralogistics system that demonstrates the zero-touch approach from goods receipt to goods issue. The focus will be on the combined transportation of hanging and flat goods, the handling of batch size...
read more...Exoskeleton: strength to put on
Automation specialist Comau is expanding its portfolio of wearable robots with a new exoskeleton. The wearable system reduces muscle strain by up to 50 percent and is aimed at a wide range of applications in industry and SMEs.
read more...