Unipart increased its operating profit to £28.8m for the year to 31st December from £8.4m the year before, while sales from continuing operations grew from £967.3m to £998.4m.
The group opened its fifth logistics centre in China and its third distribution centre in India winning business with Toyota Kirloskar Motor and extending its relationship with TATA.
The group is extending its footprint in Australia with a the start of a contract providing rail maintenance and supply services in partnership with United Group, complemented by a new logistics contract with Volvo. New contracts were also won in the United States for Long Tall Sally alongside the services provided to Jaguar and ASOS. Unipart International is growing the group’s presence in Africa.
John Neill was appointed chairman and group chief executive following the retirement from the Board of Lord Sheppard of Didgemere, who had served as Non-Executive Chairman for sixteen years.
He said: “We expect 2013 to be another demanding and challenging year, particularly in Europe, and we will therefore re-double our efforts and focus on international markets.”