C.S.CARGO Group posted 2016 consolidated revenues of over CZK 4.5 billion
C.S.CARGO, the Czech transport and logistics company, recorded revenues of CZK 4.5 billion in 2016, the same as in 2015, but saw its profits increase. Earnings before Interest and Tax (EBIT) went up by one third in 2016 to CZK 151 million.
“The last year was a good one for the C.S.CARGO Group. Our revenues were at the level of the previous year, but our profits were up, which attests to the efficiency of the group. One of the factors in that is that we acquired a fleet of new vehicles which help us save on the operating costs side. The additional capacity and ‘green’ operation of these new trucks also gives us a competitive edge on the market, which is also a significant factor,” Aleš Willert, CEO C.S.CARGO, explains the market situation.
C.S.CARGO Group posted revenues of CZK 4.5 billion and EBIT grew 32.4% year on year to CZK 151 million. With the revenues being stable, EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization), which is indicative of the company’s operating efficiency, grew nearly 5% to CZK 394 million. Investments in the upgrade of the fleet, of nearly CZK 200 million, had also a positive effect on the bottom line, just as they did last year.
“In the Czech Republic, customers are highly price sensitive, and this trend is further exacerbated by competition from the east. The main thing is that the C.S.CARGO Group is maintaining its profitability. The biggest challenge for us, as for the whole market, is the shortage of drivers and increasing costs,” adds Aleš Willert.
“Finally a fresh idea”: C.S.CARGO’s project commemorating the republic’s centennial is a winner among Czech advertising experts
A special project prepared by C.S.CARGO in cooperation with the Memory of Nations organisation on the occasion of the republic’s centennial emerged as the winner in an evaluation conducted by marketing specialists for the 45th week of 2018. The campaign titled “Every nation has its heroes. We will not forget” won over domestic marketing and communication experts who evaluate current Czech advertising campaigns in a regular advertising survey in cooperation with Marketing Sales Media magazine and the Mediář online portal .
“Every nation has its heroes. We will not forget”. For the republic’s centennial, C.S.CARGO is presenting the stories of heroes and heroines of the past century in cooperation with Memory of Nations
Prague, 24 October 2018 – In cooperation with Memory of Nations, C.S.CARGO has prepared a special project commemorating the 100th anniversary of the republic. In connection with the initials C.S. in the company’s name symbolising Czechoslavia, C.S.Cargo wants to celebrate the centennial in an original way, by giving ten of its trucks the names of ten heroes of the past century. It thus wants to expand everyday awareness of the actions of well-known and completely unknown people whose courage and steadfastness can serve as an example for everyone in every era. After all, the history of our nation is not formed only by people on a pedestal, but by each of us.
C.S.CARGO is a partner of the unique Memory of Nations YES/NO exhibiton, which is open for viewing in a special truck at Náměstí Míru in Prague until 19 October
C.S.CARGO is a partner of the Memory of Nations: YES/NO international exhibition, which is currently culminating at Náměstí Míru in Prague. The exhibition is housed in a truck and in a unique manner tells the story of people from various countries who became informants of the communist secret police or, conversely, bravely defied totalitarian power. The unusual truck previously passed through six European countries and reached the end of its journey in Prague. The exhibition is open to visitors free of charge until 19 October.
Aleš Willert becomes new general manager of the entire C.S.CARGO group. Petr Volák takes over management of the Czech company C.S.CARGO
Prague, 13 September 2018 – Aleš Willert, until recently the general manager of C.S.CARGO, became the general manager of the entire C.S.CARGO Holding a.s. group on 1 September. He was replaced at C.S.CARGO a.s. by Petr Volák. The purpose of these changes is to enhance synergies of all countries where C.S.CARGO operates, mutual cooperation and exploitation of business opportunities.
C.S.CARGO is a partner of this year’s edition of the Letní Letná international festival. The event featuring performances by foreign and Czech stars of contemporary circus will take place in Prague from 15 August to 2 September. In addition to the festival itself, C.S.CARGO is also a supporter of the spectacular opening of the festival in the form of an open air show titled De Nova Stella, which was created on the occasion of the festival’s fifteenth anniversary. This free show will be performed twice, on Wednesday, 15 August, and Thursday, 16 August.
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