Chester-based third party logistics provider Great Bear Distribution has said it “performed well” last year after raising turnover by over 12% and pre-tax profit by nearly 8%.
The firm, which provides distribution and storage for a range of international blue-chip companies in the UK including Diageo, Michelin, Sainsbury’s and Unilever, delivered a 12.5% rise in turnover to £132.25m in the year to 31 December (2012: 117.5m) along with a 7.9% increase in pre-tax profit to £10.2m (2012: £9.45m).
The results follow on from a 26% rise in turnover and 7.5% increase in pre-tax profit during 2012.
Nobody from Great Bear, which operates over 200 commercial vehicles and manages over 4 million ft² of warehousing from some 30 UK locations, was available for comment at the time of writing. In its financial report on 2013, however, the company indicated that it could sustain current growth rates.
“The company has developed long-standing relationships with its customers through consistently delivering exceptional levels of service, which has resulted in a consistent track record of controlled organic growth,” it stated. “With a healthy pipeline of new business enquiries, the company is anticipating this growth to continue.”
Earlier this year, Great Bear confirmed it would be opening a new 412,000ft² warehouse in Sheffield.
