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Sesé exceeds 1,000 million euros in turnover, the best result in its history

Sesé exceeds 1,000 million euros in turnover, the best result in its history

  • The company has closed 2023 with a historical turnover of 1,040 million euros, 14% more than in the previous year
  • EBITDA grew to 63 million, 70% more than in 2022

Zaragoza, 20.03.2024. Sesé presents the best results in its history and faces the future with a solid business structure. In 2023, the company achieved a volume of 1,040 million euros, which represents a 14% increase over the previous year.  Operating profit grew by 70% compared to 2022, reaching 63 million euros. These record figures maintain the positive trend of continued growth established in previous years.

The company recorded a strong first half of the year with good results and a solid operational performance that enabled it to face a second half of the year marked by a slowdown in general consumption and in the context of high inflation. Thanks to the favourable development of operations, as well as efficient cost control, Sesé was able to close the year with the best results in its history.

Alfonso Sesé, Sesé’s chairman, emphasised that “Sesé’s business structure is increasingly solid and allows us to look to the future with stability and confidence. The results achieved in 2023 is the consequence of a strategy based on the creation of value throughout the supply chain, the constant search for excellence in our operations and a firm commitment to the projects and the people behind them. We expect to maintain this trend and progressively accelerate business development in 2024”

In 2023, Sesé recorded a positive performance in its automotive module assembly division, especially in the United States, where the consolidation of its axle assembly activity for electric and combustion vehicles has been a key driver behind the achievement of the results.  The start-up of new international transport businesses, as well as continued growth in markets such as Mexico and Brazil, have made a fundamental contribution to the results obtained. Currently, international activity already accounts 40% of the company’s global turnover.

“We face 2024 with a clear strategic plan based on three fundamental pillars: ensuring sustained and profitable growth; strengthening the business model by promoting business development; and fostering a people-oriented organisation. With this strategy and an attitude oriented towards excellence and constant improvement, we are convinced that we will maintain the company’s competitiveness in the long term”, added Sergio Treviño, CEO of Sesé.

Towards a 100% efficient supply chain

The transition to a more efficient and sustainable supply chain requires investment in resources and technology, optimisation of resources and the digitisation of processes. With the aim of being an active part of this transformation and becoming an emission-neutral company by 2050, Sesé has reduced its CO2 emissions by 30% in the last five years and, currently, 84% of the electricity used in its centres already comes from renewable sources.

Sesé has a comprehensive plan of initiatives aimed at improving process efficiency and having a positive impact on its decarbonisation. In this sense, Sesé’s chairman insisted on “the importance of having digital tools that enable the best planning, the maximum possible reduction of emissions and, again, maximum efficiency. We are moving in a very changing and competitive environment that demands error-free supply chain management and we must be prepared”.

The company applies the most appropriate technology available for each specific need of the supply chain and its customers. Sesé has opted for renewable fuels and electrification as part of its decarbonisation plan, not only for the transport of goods, but also for the vehicles that circulate in its logistics facilities.

In 2023, the company started the first journeys in Spain with duotrailers powered by Hydrotreated Vegetable Oil (HVO) and currently, 15% of its fleet in the country already operates with this technology, including 20 duotrailers, which reduce net CO2 emissions by 90%. In addition, last year Sesé launched its first 100% electric shuttle for short-haul air freight transport and has electric and lithium-ion forklifts in its logistics and assembly centres.