Logistics group Christian Salvesen has highlighted its West Midlands operations as playing a "critical" part in the group's success.
The group, which employs 1,000 at seven sites in the region, raised pretax profit in the year to the end of March by 18.2 per cent to £15.6 million. Revenues rose 1.9 per cent to £ 820.7 million from £805.5 million and the group said it maintained its full year dividend at 3.65p per share.
During the year the business - which stores and moves goods in industrial, transport and food sectors - said it achieved its target of returning to top-line growth.
It has its headquarters in Northampton, with sites in Daventry, Coventry, Rowley Regis, Nuneaton, Bedworth, Droitwich and Erdington.
Chief executive Stewart Oades said: "When you think many of our customers look first to the Midlands in national distribution terms, those sites play a critical part in our success."
Customers include Exxon-Mobil, Ford and Vauxhall, while the group provides food and consumer logistics for Asda, Marks & Spencer and Tesco. The company made progress in new business wins across a wide range of sectors and said it had a healthy pipeline of new business.
It has gained new contracts with Goodyear Dunlop, fashion chain Zara, and Nestle Ice Cream. Mr Oades said the group was progressing well in moving towards its goal of rejuvenating the business and restoring it to growth despite the difficult business environment.
He said: "These results show that Christian Salvesen is a fundamentally sound business and we are encouraged by the level of new business wins as well as improvements in productivity and efficiency."
Mr Oades said there remained much to be done and this year the group would continue to focus on driving revenue growth and improving the capabilities.
Salvesen was founded in 1872 and has 8,000 staff in the UK and a further 5,000 across Europe, where it generates 45 per cent of its revenues.