Courier, freight, logistics and handling corporation, Pack & Send has lifted its revenue 13 per cent on last year’s figure.
The FY2022 results reveal the business closed with a $103m global system wide revenue. The business opened 11 new centres, taking its network to a footprint of 124 service centres.
Pack & Send is part of the MBE Worldwide group of companies headquartered in Milan, Italy.
Pack & Send country manager, Nicholas Woodward, said “We have set our sights on a growth roadmap. Our 124 nationwide footprint includes 43 logistic service centres and this will expand to at least 10 new centres in the next year with a target of 150 centres by 2025.
MBE growth and expansion
“MBE Group has strengthened our brand and has enabled us to operate with global sophistication and offer new capabilities,” he added.
During 2022 MBE opened 153 new business centres globally and signed three new master license agreements, Colombia, Morocco and Ecuador, expanding its global platform into new territories.
Paolo Fiorelli, MBE chairman and CEO, said “I can proudly say that 2022 has been probably our best year ever, both in terms of organic and inorganic growth. Within a complex macro-economic context exacerbated by high inflation in many countries in which we operate, uncertainty regarding energy resources, and rising supply chain costs, our results have been extremely positive.”
Overall the MBE Worldwide Group system-wide gross revenue rocketed 28 per cent to A$2.1 billion in FY2022.