Expect Distribution saw its profits increase by more than £1m last year, which it attributed to efficiencies in operating costs and a reduction in interest rates.
Revenue at the palletised distribution, contract logistics and warehousing company reduced by £2.2m to £52.9m, but pre-tax profit increased by almost 37% to £3.9m in the year ending 30 November 2025.
The three times Motor Transport haulier of the year winner described the trading period as a year of stability, in which revenue growth was limited but the quality of business generated had enhanced profitability.
“Economic trading conditions continued to be tough during the period and limited the growth of the company due to a lack of confidence across businesses, which restricted new opportunities,” it said in a review of the business.
“Investment in our people remained one of the highest priorities throughout the year as it is recognised that development and the welfare of our people is the key to our success.
“We continue to attract the industry’s talent by operating a culture of opportunity with career progression for those who wish, which is extremely important in a growing business such as Expect.”
Last year, Expect took on its first two fully electric HGVs as part of the eFreight 2030 consortium and they are now running out of its Woodlands distribution hub in Bradford. It also snapped up the entire share capital of Yorkshire logistics business Longs of Leeds as part of an expansion strategy.
At the start of 2026 the company said it had promoted head of human resources Amy Russell to board director.
