Unipart revenues break £1bn mark
THE SUPPLY chain company is pleased to announce it delivered a strong year of growth and expansion in 2023.
Group turnover increased to £1,047.9m (2022: £917.3m), delivering underlying Group profit before interest and tax to £21.7m (2022: £12.2m). Unipart’s international regions delivered strong profit growth, with the UK business showing solid progress over 2022.
Unipart chief executive officer Darren Leigh, says: “I am proud of the progress we've made in accelerating our growth in 2023. It was a strong year for us – surpassing £1 billion in revenue and materially strengthening our profitability.
“In the face of ongoing market headwinds and external disruption to global supply chains, Unipart's supply chain solutions and performance improvement technologies are needed by our customers more than ever before. We are uniquely placed to offer deep supply chain expertise coupled with delivery of high performance and value for our customers. I would like to thank our colleagues for their dedication and hard work, and our customers and partners for their ongoing support and commitment.
“With a clear growth strategy across our seven core market sectors, a robust order book and a talented, committed team of experts, I am confident in the outlook for 2024 and our next chapter of growth.
“This is an exciting year for Unipart – we celebrate the 50th anniversary of the Unipart brand. While much has changed over the last half century – today we stand as a diversified business of over 12,000 colleagues operating in 21 countries – what has always remained at Unipart’s core is our commitment to serving our customers better than anyone else.”
Examples of significant contracts Unipart is involved in includes a major new contract with Airbus to provide differentiated logistics solutions to support across a wide range of areas. The team at Airbus were among 3,000 people to join Unipart in 2023.
Unipart's collaboration with NHS Supply Chain also showcased its ability to drive cost savings and execute strategic projects in the healthcare sector, further cementing its position as a reliable partner in healthcare logistics.
