Despite economic uncertainties, rising costs and increasingly intense competition, the Geis Group stayed on course in the 2024 financial year - and further consolidated its position in the market, and not just through company acquisitions. With a turnover of 1.95 billion euros, the family-owned company recorded an increase of 3.2 percent compared to the previous year. The Slovak part of the group even achieved year-on-year turnover growth of 10.8%.

The average annual inflation rate set by the Statistical Office of the Slovak Republic for 2024 was 2.8%.

The Geis Group continues to expand and strengthen its position in the German market through two important acquisitions. As of 1 January 2025, Geis will take over all shares of its long-standing partner, the Gras Group, based in Neuwied near Koblenz. Shortly thereafter, from 1 April 2025, it will also take over two Krüger locations in Göttingen. The acquisitions strengthen the Geis Group's position in West and Central Germany and expand its position in the IDS network.

A new EU regulation will enter into force on 1 December 2024.

New edition of the magazine for employees and customers.

The Geis Group grew significantly in 2023 thanks to the breakthrough acquisition and achieved a turnover of EUR 1.89 billion. Despite difficult market conditions, the Slovak part of the Group generated a turnover of almost EUR 83 million. Now the entire group will focus on further deepening the cooperation with Quehenberger Logistics.