Logistics operator Europa Worldwide Group has more than doubled employment, turnover and gross profit figures at its Sheffield office only ten months after opening it.
The newly-opened branch Sheffield sales office in Broadfield Close has been running for only 10 months, but has grown by more than 130%. Turnover has increased by 25%, up from £144m in year ending December 2017, to £180m in year ending December 2018. Net profits have risen 62% from £3.2m (2017) to £5.2m (2018).
The results mark an exceptional year for Europa Worldwide Group, the best in the company’s 50-year history in terms of turnover and profit.
MD Andrew Baxter said: “2018’s results speak for themselves –despite a turbulent year for the logistics sector as a whole, Europa is winning with its determination to succeed and innovative approach. Going forward, investment in services, new partnerships, new offices and new members of staff are our priority. This year we have already celebrated a significant number of new business wins and acquired some of the trade and assets of Menzies Response to add to our growing portfolio. Furthermore, in a potentially unpredictable climate ahead of Brexit, we are on the front foot, having invested £2m into a reconfiguration programme of our Dartford HQ, 1Hub. This re-development has provided racking expansion and an extended transit zone in order to be Brexit-ready.
“Of course, our team is at the heart of Europa’s success, wrapped in passion and personality. I am deeply committed to investing in people, offering opportunity and bringing on board the very best. Looking to this year, I am excited to see the continued roll out of our Rapid Career Development Programme, providing bright and passionate young people with fast track roles and career plans. I also look forward to continued investment in our state-of-the-art IT system, Leonardo, driving efficiencies by providing customers with full trackability and management of their shipments, including our latest development LeoClear which will be instrumental in managing customs clearance during Brexit and beyond.
“With sector leading approaches and high-quality services, Europa is positioned at the frontline to thrive and deliver. This year is no exception and full of opportunity.”
Europa Worldwide Group is a specialist road, air & sea, warehouse and showfreight operator employing more than 900 people across its 16 sites in the UK (including 350 at its Dartford site), as well as Hong Kong and Belgium with representation in 100 countries.