For the FY ending March 2016 turnover at APC rose by 3.6% to £102.4m. Spending on its facilities and on reorganising parts of the business mean profits dipped slightly to £2.3m.
APC Overnight Chief Executive, Jonathan Smith, said: “The financial year ending March 2016 has been strong, particularly during the latter half with robust profit growth in Q3 and Q4. We have invested heavily in our infrastructure, service enhancements and IT strategy over the past 12 months. We continue to invest in expanding our exceptional team, allowing us to deliver on our key working principle; outstanding customer service.”
APC Overnight has re-opened the 60,000 sq ft Essington hub in November last year to give it more space to handle growing numbers of deliveries. The company employs nearly 500 people collecting, sorting and distributing parcels from its hubs in Staffordshire to member companies across its UK-wide network through 115 local depots.
A review to make its hub operations more efficient and to increase APC’s capacity included remodelling both the Cannock and Essington sites to run as a dual hub operation.
The firm is also looking to expand the kinds of service it can offer customers this year, while work continued on improving its IT system.
APC moved its headquarters from its site in Essington to a new national hub at Lakeside, in Cannock, in July 2013.
Source: APC Overnight
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