Fortec has announced record volumes and turnover in the first six months of 2014 – following on from a record year in 2013.
The business strategy of the Watford Gap based pallet network to create a niche position amongst the nine networks is paying dividends as its 72 member partners also report healthy volumes and profit levels.
Marcus Fischer, Fortec’s Commercial Director, commented: “We have invested substantially in technology and systems development in order to set us apart in our mission to exceed customer expectations, particularly in the higher value niche markets we choose to be in.
“We have a planned technology strategy and this will support our objectives to grow the business but at the same time promote our niche position in the marketplace”, he said.
In the period between January and June this year as strategically planned, Fortec enjoyed increased volumes of 9 per cent compared to the same period last year. Financial turnover increased by 10 per cent over the six months.
The number of member partners has remained fairly consistent with a number of new member partners joining the network in recent months including seven of the nine new recruits joining a pallet network for the first time. Marcus Fisher believes that the Fortec network is now the strongest it has ever been in terms of quality of its member partners.
He added: “The first six months of the year have been fantastic in terms of volumes and turnover which lays positive foundations for the second half of the year.
“We have some exciting plans for the rest of 2014 particularly in terms of our IT strategy which will give us an edge over the competition.
“We also have some very promising potential strategic partnerships in the pipeline and all these factors could lead to 2014 being the best ever year in our history.”