New business wins at Currie European Transport more than offset a small reduction in sales within its international work last year and helped boost overall turnover and profits.
Revenue increased to £31.1m in the year ending 30 June 2025, from £29.8m the year before. Pre-tax profit almost doubled to £375,000 compared to 2024’s £190,000.
A breakdown of its turnover showed Currie’s domestic work made up for a £775,000 fall in its European business, having increased by nearly 10% to £24.9m.
Its road haulage work saw revenues rise by 4.4% to £29.7m and warehouse income increased to £982,000 (£838,000).
The company said it was satisfied by its progress given economic and industry challenges: “The European road services market remains competitive and we experienced a small year-on-year reduction in sales,” Currie European said in a review of its business.
“However, our UK domestic services delivered further strong growth following a number of successful new business wins.
“Our UK transport services performed resiliently, achieving solid growth in sales, financial performance and service delivery.
“Fleet operating costs continued to rise above inflation, reinforcing the need for firm customer pricing reviews.
“The worsening national driver shortage led to increased reliance on agency drivers,” the company added.
“We continue to implement above-inflation wage increases to support driver retention, although further increases in the national living wage have added sustained cost pressures.”
Currie subsidiary Laser Transport also saw an increase in both sales and profits, with the transport company reporting turnover of £21.2m over the same period (£20.9m) and pre-tax profit rising to £188,000 (£106,000).
