Report on forecasts and other statements regarding expected development
Due to the prevailing war situations in Ukraine and the Middle East as well as potential supply chain disruptions due to factors such as trade wars and related tariffs potentially being levied by the new US government, we again anticipate a difficult economic environment for BLG LOGISTICS in the 2025 financial year. It is still too early to reliably estimate the impact this will have on the world economy, global trade flows and BLG LOGISTICS’ customers, meaning it is once again difficult to make an accurate forecast for the current year.
Interest income of BLG AG resulting from its financing activities to BLG KG is expected to decline substantially due to the anticipated reduction of the benchmark interest rates.
Based on current estimates, BLG AG is assuming that the management remuneration, which is dependent on BLG KG’s earnings under commercial law, will not achieve its maximum again.
Overall, BLG AG therefore expects earnings (EBT) for the 2025 financial year to be noticeably below the level achieved in the 2024 financial year. With respect to our dividend policy, we plan to continue to allow our shareholders to participate to a reasonable extent in earnings in line with our business performance.
Apart from historical financial information, this annual report contains forward-looking statements on the future development of the business and the business performance of BLG AG, which are based on estimates, forecasts and expectations, and can be identified by wording such as “assume,” “expect” and similar terms. These statements may, of course, vary from actual future events or developments. We are not under any obligation to update these forward-looking statements in light of new information.
Final statement of the Board of Management in accordance with Section 312 (3) of the German Stock Corporation Act
BLG AG received appropriate consideration for each legal transaction covered in the report on relationships with affiliated companies. No other measures were taken or omitted. This assessment is based on the circumstances of which we were aware at the time the reportable transactions were conducted.
Bremen, March 28, 2025
BREMER LAGERHAUS‑GESELLSCHAFT -Aktiengesellschaft von 1877-
THE BOARD OF MANAGEMENT