The Delivery Group sees revenue reach €235 million
The Delivery Group, a fast-growing UK postal and ecommerce operator, saw its revenue increase by 61 percent during last year. Its turnover is now worth 200 million pounds, or about 235 million euros. The significant jump in revenue is mostly due to the acquisition of P2P Mailing last year.
International Retail Index 2019
The definitive guide to international retail in 2019 and beyond. How do you rank? Find it out now.
The Delivery Group acquired international ecommerce specialist P2P Mailing in October last year, mostly because of its own TRAKPAKTM solution, which offers full international tracking from dispatch to receipt to over 200 countries. With the acquisition of P2P Mailing, The Delivery Group now consists of three companies, which also includes post and parcel businesses Secured Mail and CMS Network.
The Delivery Group thinks its turnover could grow to about 277 million euros in 2017, which would mean an increase of 17.5 percent compared to the revenue in 2016. Last year, it handled over 500 million items of mail, with the most significant growth areas being international mail and ecommerce services.
“Joining forces with P2P Mailing has been a major coup for the Group and one that enables us to offer our 850-strong client base a truly holistic ecommerce and specialist mail delivery service”, says chairman Paul Carvell. “The influence of ecommerce on the future of distribution cannot be underestimated; last year alone it contributed 157 billion euros to the Gross Domestic Product in the United Kingdom.”