Pall-Ex saw revenue and profits increase last year, despite what it described as a price sensitive market and challenging economic conditions.
The network reported turnover of £114.6m in the year ending 31 July 2025, an 8% increase on the previous year.
The vast majority – £114m – was generated within the UK, and £605,000 in Europe.
Pre-tax profit increased by 27% to £2.2m and operating profit rose by 23% to £2.5m.
Pall-Ex said it had continue to make improvements within its operation through efficiencies and making best use of the northern and southern hubs.
In 2024, the group restructured and created Pall-Ex Logistics, with the Fortec depot and owned operations subsidiaries transferred into this new brand.
“This aligns all the logistics divisions within the Pall-Ex Group and will focus on national brand awareness and the new 3PL warehousing and storage service offering with a purpose built 7,000 pallet storage space and national coverage of up to 250,000,” it said in a business review.
“Management continues to concentrate on appointing quality members and have successfully increased the number of shareholder members, which underpins the strength of the network.”
This month, Pall-Ex CEO Kevin Buchanan was formally recognised as a deputy lieutenant of Leicestershire.
