Leading local independent logistics operator, Europa Worldwide Group, which has a site in Wallsend, continues to set the pace in the market, reporting a tripling in profits – up to £10m from £3.6m in 2020 – and a record £276m turnover for the 2021 financial year.

Based at Silverlink Business Park in Wallsend the Europa team is led by Andrew Darroch who joined earlier this year. The company employs a team of 17 and offers a comprehensive road freight service for import and export to and from Europe. The company has been based locally for 22 years and moved to its current home at Silverlink Business Park in 2020, which is twice the size of its previous office in Monkton Business Park.

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Despite a tough economic climate impacted by Brexit, and the global pandemic Europa has planned, prepared and invested significant resources into developing a viable solution.

The end result – Europa Flow, the firm’s frictionless customs product – offers customers a route for continued operational activity on the continent, tackling the new border regime by removing lengthy fee and paperwork barriers that would otherwise hold goods up in transit.

It remains the market-leading solution for firms of all sizes today and is managed via Europa Road, which – in line with the 9.4 per cent growth of the European road freight market during 2021 – developed plans to expand its network of UK domestic depots to reach more customers.

During 2021, Europa Air & Sea also contributed to the robust financial performance. As economies opened up, and global air and sea freight forwarding grew by 14.9 per cent and 6.6 per cent respectively, the division also grew successfully. New Air & Sea offices have since opened in Shanghai and Dubai to capitalise on opportunities presented by the world’s largest container port and fastest growing e-commerce market in the Middle East and North Africa.

Rob Jones, Finance Director at Europa Worldwide Group, said: “We’re delighted with our latest results, and would like to thank everyone at Europa for their immense contribution in delivering these. The Group has demonstrated flexibility in helping its teams and customers adapt to an evolving marketplace and sustain high levels of overall performance.

“It is an incredibly exciting time for the business, which maintains huge momentum, allowing us to accelerate our strategy to drive out complexity and deliver an even better service for our customers.”

CEO Andrew Baxter said: “Our open and transparent approach has been key in adapting and optimising supply chains to unlock growth potential along the way.

“Our 2021 financial results – the best ever in the firm’s history – are testament to this, and the immense efforts we invested in Brexit, and preparedness to keep our customers’ freight moving despite the ongoing Covid challenges.

“Special thanks must go to our dedicated Newcastle team and the Board for its sharp focus on innovation to ensure efficiency, agility and future sustainability.”

 

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