Evri has announced its operational results for the year to March 1, 2025, achieving record adjusted EBITDA of £341m (US$461m) and an 11% increase in parcels volumes to 807 million compared to the previous year.
According to Evri, its growth in 2024-25 was supported by strong parcel volumes across consumer-to-consumer marketplaces, such as eBay and Vinted, as well as new client wins in the fresh food, car parts and floristry sectors. The growth was also supported by a £57m (US$77m) investment during the period aimed at enhancing its operations and technology.
Martijn de Lange, CEO of Evri, said, “In what was a landmark 50th year for our business, we delivered record adjusted EBITDA and retail-to-consumer parcel volumes – driven by our best-ever peak, and growth across our divisions and new client wins.
“Apollo’s acquisition of Evri last year was testament to our success to date and, thanks to the dedication of our colleagues and couriers, we are well-positioned for next-generation delivery services.
“Our unwavering commitment to improving the customer journey has kept pace with record growth with us almost doubling our multimillion-pound investments into our operations and service in the last financial year.
“It was a year that saw us expand our client base into new sectors, including fresh food, car parts and floristry, and grow our presence in existing ones. We continue to meet increased demand for customer-to-customer deliveries for online marketplaces, as buyer and seller behavior changes – fueled by scroll and spend social commerce sites such as TikTok’s shop. Evri’s tech-enabled convenience is equipping a growing army of bedroom CEOs who are shaping the future of e-commerce.
“We are also excited by Evri’s proposed merger with DHL eCommerce in the UK, and our acquisition of Coll-8, both announced in May, to put us firmly on track to become the UK’s premier parcel delivery group to serve both consumers and businesses. Furthermore, a planned £50m [US$67m] investment announced in June will see us expand our network of ParcelShops and lockers.”