- 26 September 2017
- Transport / Logistics Services
Delivery firm DPD Group UK has announced it has increased its operating profit by 13.3% to £107.7 million for the year to 1/1/17, while turnover increased by 15.1% to £806.2m.
The La Poste owned company claimed that growth in outbound international services was greater than that of domestic services.
2016 was also the first full year of operation for the new Hinckley, £100 million hub that increased the company’s capacity by 65%. DPD has also been investing in larger depot sites around the UK.
DPD also clarified its plans for DPD Local (formerly, Interlink Express). The firm plans to buy back franchisee operating area rights in the next 10 years. DPD said that this will enable it to have the required capacity to meet its continued demand.
A statement signed off by the DPD board said: “The company has continued to develop its business and the directors are satisfied with the operating results.
“It has continued to offer excellent levels of service to its customers and the directors believe that it has grown its market share in line with its strategic objectives.
“The company has made plans to continue to grow market share and put in place strategies and investment programmes to achieve this objective.
“DPD ended the year in a very strong financial position and the board believe that this position, coupled with the strength of its parent, La Poste (The French Post Office), puts it in a market-leading position for future development.”
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