Record Revenue and EBITDA Growth
GXO achieved record revenue of $11.7 billion for the full-year 2024, with a 20% year-over-year increase, including 3% organic growth. Adjusted EBITDA grew by 10% to $815 million for the full year and by 30% year-over-year in the fourth quarter.
Significant New Business Wins
The company closed over $1 billion in new business wins for the second consecutive year, including a landmark $2.5 billion deal in the healthcare sector.
Expansion in Germany
Germany was identified as GXO's fastest-growing market, with a 60% year-over-year revenue increase, following the acquisition of Clipper Logistics.
Strategic M&A and Technology Advancements
The acquisition of Wincanton and advancements in AI-enabled warehousing have positioned GXO for future growth, with AI applications already delivering significant productivity improvements.