What's Happening?
Evri, a leading UK parcel carrier, has reported record half-year growth, driven by the rise of online marketplaces and recommerce. The company saw a 12% increase in parcel volumes, reaching 425 million,
and a 22% rise in adjusted EBITDA to £209 million for the first half of 2025. Revenue also climbed by 12% to £973 million, fueled by strong demand from resale platforms and preloved sites. The company attributes this success to the growing consumer interest in second-hand goods and sustainability, as well as a surge in SME parcel volumes and the recruitment of 5,000 couriers to meet peak demand.
Why It's Important?
Evri's growth underscores the increasing importance of recommerce and online marketplaces in the retail sector. As consumers continue to seek sustainable and cost-effective shopping options, businesses that facilitate the resale of goods are well-positioned to thrive. This trend not only benefits companies like Evri but also supports broader economic and environmental goals by reducing waste and promoting circular economy practices. The company's success also highlights the potential for logistics and delivery services to expand in response to changing consumer behaviors.
What's Next?
Looking ahead, Evri plans to continue investing in infrastructure and technology to support its growth. The company recently merged with DHL eCommerce UK, creating a combined network that will deliver over 1 billion parcels annually. This merger is expected to enhance Evri's service offerings and operational efficiency. Additionally, Evri is investing £50 million in smart lockers to improve convenience and returns, and has recruited 9,000 extra couriers in preparation for the peak trading period. These strategic moves position Evri to capitalize on future market opportunities and maintain its competitive edge.
