Palletforce: Growth strategy delivers record revenue
UK express distribution network Palletforce has attributed its recently-announced record sales revenues and pallet volumes to the successful implementation of its “three-pronged, long-term growth strategy”.
In a statement issued yesterday (19 July), Palletforce said: “By creating network capacity with its new SuperHub, investing in new services, technology and people, and attracting quality members, Palletforce has enabled growth for its members and reinforced its position at the forefront of the pallet sector.”
In the period ending 30 September 2017, the firm reported a record revenue of £104.92m, up from £96.51m in the previous year.
Palletforce said that the revenue increase was primarily generated by continued growth in pallet volumes, including the enhancement of international trading. This was also bolstered by the expanded SuperHub capacity and additional network input from a growing membership.
