Potter Logistics has posted its financial results showing profitable organic growth for the year ending April 2014, with increased turnover across all areas of the business.
This is the sixth consecutive year that the logistics, property and waste management group has delivered improved profits. The business posted a profit before tax (PBT) of £1,731,000. Turnover grew by 8% to £24m.
Potter continued its recent trend of investment with expenditure of £1.4m on its fleet and £900,000 on warehouse improvements, including finalising the lease of a new Knowsley warehouse at Charley Wood Point.
Matthew Lamb, managing director of Potter Logistics, comments: “2013-14 was another excellent year for the business. Winning awards for both the company and individuals were particular highlights. This year also saw the re-negotiation of key contracts as well as gaining new clients across all the distribution centres. 2014-15 is set to be an exciting time as we launch our 50th anniversary celebrations in late 2014, concluding with a celebratory event in September 2015 for staff, customers and suppliers.”
Pictured (L-R): Paul Andrew – Managing Director, Family Business United; Derrick Potter – Executive Chairman, Potter Logistics; Alex Scott – Chairman Sandaire; Kirsty Mackenzie – Marketing Manager, Potter Logistics.