Whistl Magazine Spring 2017

Keep track with CLICK TOCHAT

Wells Said

Earlier this year we published our 2016 annual report and I’mpleased to say thatWhistl achieved a profit (before tax) of £9.6m in its first full year following themanagement buyout of the company in 2015 – a very solid performance and slightly ahead of our budget for the year. EBITDAwas £13.6mon a turnover of £592m, plus we saw an overall increase in volumes with parcels up 8.6%, DoordropMedia up 19.7% and a 30.2% jump in international volume. It’s thanks to our continuing innovation, investment in our operations and superb accountmanagement that we’re able to deliver such great results. We understand that customers expect quality, efficiency and solutions thatmeet their business’ requirements, that’s why somany of our clients continue to rely on us for their mail, parcel and doordrop needs. HomeServe for instance has renewed their contract with us for a further three years. And we’re delighted that IKEA, who has beenworking withDoordropMedia for over 25 years to distribute their catalogues, has extended their contract with us to handle their UK post and directmail for the next three years. And nowour new super depot in Bolton has opened, we’re in an even better position to build on our success and grow the business further, strengthening our operational infrastructure, increasing efficiency and creatingmore job opportunities for local people in the area. The future looks bright, with lots of exciting newopportunities on the horizon. We’re certainly looking forward towhat promises to be a busy second half of the year. As always we’ll keep you postedwith all the latest news @whistluknews.

NickWells Chief Executive Whistl

2

Whistl Magazine • Spring 2017

Made with FlippingBook - Online catalogs