The Loxam Group reaches a turnover of 2,6 billion euros for the first time

The Group has in fact exceeded 2,5 billion euros in turnover for the first time, an increase of more than 6%, benefiting from an expanded geographic footprint and its diversification efforts. The performance in France and in the countries of Southern and Eastern Europe and Brazil supports the Group's development strategy.

In France, turnover reached one billion euros for the first time (+6,6%), reflecting regular growth in the general activity and sustained development of the Group's specialized activities.

At constant exchange rates, turnover in the Nordics increased by 3% thanks to current major industrial projects and the acquisition of JIAB Hyrcenter in northern Sweden. The adverse effect of exchange rates explains the recorded contraction in turnover of 2,3% in 2023 at current exchange rates.

The turnover of the Rest of the World division increased by 14,4% to reach 804 million euros, becoming the second division of the Group. Activity was particularly dynamic in the countries of Southern Europe and Eastern Europe as well as in Brazil, where Loxam acquired the rental companies Motormac and A Geradora last year, quadrupling its turnover there. business.

For Gérard Déprez, President of Loxam: “The year 2023 was a year of sustained growth. After an exceptional performance in 2022, we continued to grow in 2023 in a particularly complex environment, marked by persistent inflation and the rise in interest rates which significantly disrupted the construction market. We recorded a turnover of more than a billion euros in France for the first time. These performances, continued year after year, demonstrate the solidity of the Loxam model, our unrivaled expertise, and our ability to always better meet the expectations of our customers. »

Remarkable safety performance

The year 2023 records a remarkable safety performance for the Group with a marked drop in accidents in 2023, -24% at Group level and -38% in France. This performance is achieved in particular thanks to the implementation of a safety awareness and management program, strong managerial leadership and the sharing of best practices with the most efficient subsidiaries in terms of safety, such as those in the United Kingdom. United, from Scandinavia and Central Europe.

For Stéphane Hénon, Managing Director of Loxam: “Safety remains and remains a priority for the company. This year, we are reaping the benefits of past investments by showing a major reduction in accidents linked to our operations. A supporter of continuous improvement, I see this as a sign of the company's great maturity, now able to fully benefit from the effects of synergies between its subsidiaries, including international ones. With a frequency rate of 11 accidents per million hours worked, Loxam is positioned among the European safety leaders in its sector. »

2024: Olympic ambitions!

After the success of the Rugby World Cup France 2023, of which Loxam was one of the main partners, the Group is now looking ahead to the summer of 2024 with the holding of the Paris 2024 Olympic and Paralympic Games of which it is an official Supporter. Loxam, partner and supplier, has brought on board an ecosystem of French companies to meet the logistical needs of the organizing committee for the Paris 2024 Games. From spring 2024, the Group will deliver the temporary installations intended to accommodate the public, athletes and organizers on around twenty sites during the Games. In partnership with the events specialist GL events, Loxam will also ensure the electrical connection, distribution and supply of emergency and temporary energy, as well as thermal regulation on competition and non-competition sites.

For Gérard Déprez: “These Olympic and Paralympic Games are an exceptional opportunity for our Group, not only to assert its role as a key supplier for events of such scale, but also to demonstrate its commitment to supporting major international sporting events. Beyond our technical contribution, committing to Paris 2024 means sharing a human and collective adventure. This allows us to involve our staff, but also our customers, in a positive dynamic, to enthusiastically welcome this historic event for the country. »