InPost Delivery Network, the former Yodel parcel delivery business, shaved its pre-tax loss by 81% in 2025, as it continued to integrate operations following its takeover by Polish parcel locker giant InPost last year.
InPost acquired 95.5% of Judge Logistics, Yodel’s parent company in April 2025, creating the third largest independent logistics players in the UK e-commerce market and combining Yodel’s home-delivery capabilities with InPost’s extensive parcel locker network.
The deal saw Yodel change its name to InPost Delivery Network Limited, which the company said reflects its drive to become a unified delivery network.
According to the company’s first financial results since its acquisition, revenue jumped 14.5% to £557.4m for the year ended 27 December 2025, compared with £486.7m in 2024. In the same period the company’s pre-tax loss shrank from £105.3m to £19.5m.
Parcel volumes rose by 44% to 262.1 million in 2025, from 182 million the previous year, which the company attributed to the increase to growth in B2C deliveries, new commercial partnerships and the consolidation of Yodel into InPost’s UK operations.
During 2025, the combined business advanced the integration process, operating through more than 50 shared depots. Two new sorting hubs were also opened ahead of schedule to improve service quality before the peak season.
In its strategic report, the company said: “Integration efforts continue in 2026, with the full transformation into a single, unified network expected to unlock further efficiency gains and support long term growth.”
However the challenge will be to keep integration costs down this year. Despite the company delivering an operating profit of £8.6m in 2025, compared with an operating loss of £91.6m in 2024, significant exceptional items arising largely from the acquisition and the scale and cost of the restructuring kept the company in the black during the year.
The accounts reveal £13.3m in redundancy costs, £4.9m in business restructuring costs and £8.2m in legal fees relating to ongoing litigation. A further £3.6m was attributed to the integration of the two networks.
The company also recorded significant impairment reversals involving intangible assets, property, plant and equipment, and right-of-use assets, contributing to the exceptional movements in its operating result.
Redundancies also cut a swathe through staff numbers which fell from 3,123 in 2024 to 2,671 in 2025, a reduction of around 14.5%.
Looking to the future, the company said the outlook was very positive, pointing to “unprecedented growth” in the UK parcel delivery market, fuelled by the rise of ecommerce and changing consumer behaviours.
It added: “With online shopping becoming a staple in everyday life, the demand for efficient and reliable delivery services is soaring.
“The Group, as part of InPost, is strategically poised to capitalise on this trend, leveraging established logistics infrastructure and extensive network to meet the evolving needs of customers.”
The report added that investment in IT systems, infrastructure and product development would continue, alongside efforts to improve service performance, retain customers and reduce carbon emissions.
Further growth is expected to be driven by the €7.8bn purchase of InPost’s in February this year, by a consortium led by Advent International and FedEx Corporation, which InPost said will provide it with the long-term capital and backing needed to scale its parcel locker network and digital delivery services in the UK and other major European markets.
