TGW raises revenue 29% as profit also grows
Friday 9th October 2026 on 12:30 in
Austria
TGW Logistics increased revenue by 29% to 1.37 billion euros in the 2025/26 financial year, while earnings before interest and taxes rose 10% to 54.4 million euros, ORF reported. The logistics systems maker has locations in Wels and Marchtrenk, Austria.
Chief Executive Henry Puhl said at a news conference on Friday that the company is currently seeking 200 employees. TGW aims to reach annual revenue of 2 billion euros by 2030.
The company provides automated logistics solutions to clients including Marks & Spencer, dm and fashion and sporting goods retailers. It invested 60 million euros in research and development during the financial year, equal to 4.4% of revenue.
TGW plans to expand internationally. It is due to open a branch in Pune, India, at the end of October, focused on software development and engineering. Puhl said the company intends to maintain its presence in Central Europe and expand in Eastern Europe and North America. Exports account for 97% of revenue.
TGW’s workforce grew from 4,600 to 5,063 during the year. Of those, 2,600 work at its Wels and Marchtrenk locations. The company plans to hire 800 people this year, half of them in Austria.