Tuesday 12th Dec 2017 - Logistics Manager

CollectPlus posts first full year of profit

CollectPlus posts first full year of profit

CollectPlus has reported its first full year of profit, of £1.8 million in the 52 weeks ending 31 March 2014. Sales were £34.1 million with a volume of 13.6 million parcels.

The firm says these results were driven by significant volume uplift across its three services with year on year growth for Click & Collect at 74 per cent, Returns at 77 per cent, and at 143 per cent for its Send service.

Commercial service performance was enhanced by significant customer wins contributing to a 26 per cent growth in the CollectPlus client base, which is now made up of more than 260 participating retail brands.