MBE Worldwide Group 2022 results
MBE closed FY2022 with €1.3 bln (US$1.4 bln) of System-wide Gross Revenue
“I can proudly say that 2022 has been probably our best year ever, both in terms of organic and inorganic growth”
Paolo Fiorelli, MBE Chairman & CEO
MBE Worldwide is a leading commerce enablement platform providing e-commerce, fulfillment, shipping, marketing and print solutions to SMBs and consumers. MBE closed FY2022 with €1.3 bln (US$1.4 bln) of System-wide Gross Revenue – generated through its location-based platform made of 3,150+ Business Solution Centers in 52 Countries, operating under different brands: PrestaShop, Mail Boxes Etc., PostNet, PACK & SEND, AlphaGraphics, Multicopy, GEL Proximity and World Options – and €22 bln (US$23 bln) of Gross Merchandise Value traded through its digital platform under the brand PrestaShop.
During 2022 MBE opened 153 new Business Solution Centers globally and signed three new Master License (ML) Agreements – Colombia, Morocco and Ecuador – thus expanding its global platform into new territories.
Furthermore, in 2022 MBE successfully concluded further strategic acquisitions such as World Options and Gel Proximity. World Options is a provider of shipping solutions for business customers in the UK and the US, while GEL Proximity is a tech platform entirely dedicated to last mile logistics, allowing consumers to choose among different proximity services.
“I can proudly say that 2022 has been probably our best year ever, both in terms of organic and inorganic growth.” – says Paolo Fiorelli, MBE Chairman and CEO – “Within a complex macro-economic context exacerbated by high inflation in many Countries in which we operate, uncertainty regarding energy resources, and rising supply chain costs, our results have been extremely positive. We increased MBE Worldwide Group System-wide Gross Revenue of + 28.7% passing from €1.01 bln (US$1.2 bln) in FY2021 to €1.3 bln (US$1.4 bln) in FY2022. The ambition, discipline, commitment and passion of the Team, both at Corporate and Network level, have been fueling our daily activities and helping us reach our challenging goals.” Paolo Fiorelli additionally states: “We continue to strengthen our capacity as a Global Commerce enabler for SMBs and consumers combining the synergies of our two integrated platforms: the physical one counting today more than 3,150 Business Solution Centers in 52 Countries and the digital one represented by our PrestaShop e-commerce suite. Through the two platforms in 2022 we fulfilled the commerce needs of over 1 million business customers worldwide.”.
MBE is concentrating effort to combine its worldwide network of Business Solution Centers with PrestaShop, one of the most successful e-commerce platforms in the market, positioning MBE as a unique player in the global landscape. “Our future plans will keep leveraging on the passion, commitment and skills of our People combined with our innovative technologies, to help all of our customers to solve their daily challenges.”, concludes Paolo Fiorelli.