Turnover passes £80m at global giant's UK arm

Turnover past GBP80m at the Northampton-headquartered UK arm of a global logistics giant during its latest financial year, newly published documents have shown. Dachser has posted a turnover of GBP84m for the year to 31 December 2018, up from GBP77m in the prior 12 months. Its pre-tax profits dipped slightly from GBP3.8m to GBP3.2m over the same period.

In a statement signed off by the board, the company hailed its results as “further excellent progress” in its UK business development and market share. The business added: “European exports and our contract logistics services both had a good year. “Due to this continued growth we invested in an additional contract logistics warehouse in the Northampton area to enable us to meet the existing and anticipated future growth within the area of the business.

“International air and sea logistics had a more muted year but the ability to offer multi-modal services is an important commercial and strategic attribute. “Margin improvements were seen across a wide area of our business, driven by increased volumes, reduced operational production costs and higher revenue yields on European road freight in particular. “These were offset by increased operating costs due mainly to the costs associated with the investment made in the year to acquire the additional warehouse facilities.”

The company was founded in 1930 by Thomas Dachser in Kempten/Allgau and has operated in the UK since 1975.

It employs almost 500 people in the country.

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