DPD Group saw revenues fall by 5% last year, but the parcel company said it believed it had grown market share during the period.
Latest financial results for the year ending 1 January 2023 showed that the group’s turnover was £1.5bn, down from £1.6bn in 2021.
Pre-tax profit was also down marginally, to £300m compared to £302m the year before.
However, DPD Group said it was “another successful operational period” and that it had met all stakeholder expectations, delivering strong revenues, volumes, profits and service levels.
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“The largest share of revenue comes from next day parcels, although the company continued to grow revenue from its premium and specialist value-added services,” it added.
“For international deliveries the company continued to benefit from its group membership of the leading European road based DPD network.”
In November 2022, the company said it would begin switching its 1,600-strong truck fleet over to Gd+ HVO and this should be complete by the end of this year, reducing emissions by 70,282 tonnes compared to 2021.
It also aims to reduce greenhouse gas emissions by 43% by 2030 and then by 90% by 2040.
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