Kinaxia Logistics has delivered a remarkable financial turnaround, moving from a loss position in the first quarter of 2025 to a consistently positive EBITDA by July.
After completing a comprehensive restructuring programme in 2024, Kinaxia entered 2025 as a leaner, sharper business, strategically aligned for long-term, sustainable growth with a laser focus on efficiency and performance.
Buoyed by robust financial stability, a revitalised senior leadership team, and a dynamic strategy focused on targeted investment in new fleet, technology, people and culture, it has been operating with renewed strength, clarity and purpose.
This progress has been underpinned by successful refinancing, strong equity backing and renewed shareholder confidence. Decisive restructuring actions have been taken – including lease exits, operational consolidation and cost-saving initiatives that have already delivered significant financial benefits.
The business is now accelerating forward, positioned to lead with confidence, drive sustainable growth, and shape the future of logistics through exceptional service, technological innovation and a high-performance culture.
Kinaxia noted 2024 as a true turning point for the business. With revenues growing by 5% during the year, operating losses improving by 17%, and net losses reducing further, it helped set Kinaxia firmly on the path to profitability, which is now being seen in 2025.
Harnessing the full power of Kinaxia’s expansive national depot network, backed by deep-rooted local expertise, rich heritage, and unrivalled market insight, the business is driving a bold transformation in service delivery.
A dynamic new regional operating model is currently under review, designed to supercharge operational efficiency and elevate customer experience. This strategic evolution positions Kinaxia to not only meet, but anticipate the ever-changing needs of its customers.
Gareth Jenkins, Kinaxia Logistics chairman, said: “2024 was a pivotal year for Kinaxia. We successfully completed a financial restructure and laid the groundwork for long-term, sustainable growth. As a result, Kinaxia has emerged as a fundamentally stronger, more resilient, and forward-looking business.
“Our performance in the first half of 2025 reflects the disciplined execution of our strategy and the positive momentum of our transformation journey. We are unlocking the full potential of our business, positioning Kinaxia to thrive in a dynamic market and deliver lasting value for our customers, colleagues and stakeholders.”
Graham Cox, Kinaxia Logistics CEO, said: “Kinaxia has delivered a solid trading performance during the first half of this year in line with our business transformation agenda and underlining the strength of our growth strategy.
“At the core of our strategy is a bold commitment to technological innovation, the engine of progress and the key to exceeding customer expectations. Our customers are looking for smarter, faster and more intuitive solutions, and we’re delivering by putting innovation front and centre.
“But technology alone doesn’t drive transformation, great people do. We’re building a culture that inspires creativity, empowers talent and encourages bold thinking. By combining cutting-edge innovation with a passionate, forward-thinking workforce, we’re not just responding to change – we’re leading it.”
Headquartered in Greater Manchester, Kinaxia has 1,600 staff nationwide and operates a fleet of 1,000 vehicles transporting goods for the retail, leisure, food and drink and manufacturing sectors.
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