Bretts Transport has hailed its resilience and ability to adapt during shifting supermarket demand and wider economic pressures after it reported significant increases in its revenue and profits.
Turnover at the Guyhirn, Cambridgeshire haulage company increased by 11.4% to £14.7m in the year ending 31 March 2025.
Pre-tax profit rose by 35% to £503,000 and operating profit was up by more than £100,000 to £768,000.
MD Simon Stockwin said inflation influenced customer behaviour during the trading period, but that it also created an opportunity for the business to broaden its reach by diversifying into new markets, while it also continued building on its foundations within the food sector.
“We are already seeing clear benefits from the strategic actions taken by the management team to enhance profitability,” he said.
“A strong focus on operational efficiency, a more streamlined fleet, and an updated charging structure have delivered measurable improvements, reflected in stronger margins and improved solvency ratios.”
Stockwin said customer retention and margin protection were key priorities in the highly competitive environment within which it operated, but he said market pressures had begun to ease since the year end and the outlook was more favourable.
“We will continue to pursue complementary growth opportunities that strengthen our market position while maintaining the high levels of service and trust our long-standing customers value.
“Ongoing investment in our vehicle fleet and warehousing facilities ensures we can deliver a comprehensive, efficient and fully integrated logistics solution, while remaining flexible, reliable and innovative.”
He paid tribute to staff at Bretts and said it was their increased focus and contribution that helped produce the bumper results: “This has been a genuine team effort across the business, and the positive feedback received from customers reinforces the progress we have made in becoming a more supportive, flexible and robust logistics partner,” Stockwin added.
Last year, the company underwent a management restructure, which saw Stockwin promoted from operations director to MD and replacing Simon Brett who became its CE.
