Relentless demand for greater speed and efficiency in the supply chain is the back-drop to international logistics and technology firm ByBox’s announcement of a record £73m turnover for 2014. ByBox continues to show strong growth in operations, reporting an increase in turnover of 12%, up from £65m in 2013. This strong trading update follows the business’ strategic transition to focus on its two core activities: B2B field support and global click-and-collect locker technology.
This announcement follows the completion of a number of successful acquisitions over recent years. This period of continued investment has enabled ByBox to build a comprehensive capability in its Technical Services division, with over 500 engineers available nationally to provide the full range of field-based technical solutions.
ByBox will now continue its investment in technology and international expansion. Steve Huxter was recently appointed as Chief Technology Officer and will drive the next generation of the ByBox Thinventory supply chain software platform. Dan Turner has been appointed as Chief Executive Officer of ByBox Networks to drive the global expansion of ByBox’ click-and-collect locker technology.
Stuart Miller, CEO of ByBox commented, “We’re delighted to announce such improved trading results for 2014. This is a direct result of focusing on the strongest areas of growth for our business and making sure we deliver great service to all of our customers. If this growth continues, we are on track to exceed our target turnover of £100m by 2016.”
