Reed Boardall's profit before exceptional items saw a £600,000 rise from 2014 to 2015 due to improved cost control within the company.
Despite making successful adjustments to costs, Reed Boardall has said that it is still facing problems with its transport activities, reports Logistics Manager.
The cold storage and transport company said that the competition within the sector has made it difficult for it to recover increases in cost.
Although Reed Boardall incurred several costs over the 2014-2015 business year, its sales rose to £66 million by March 2015, which indicated a three per cent rise over the previous year.
Much of the rise in turnover and profit can be attributed to the amount of stock that the group had in store over the year.
Speaking on the rise in turnover and profit, deputy chief executive Marcus Bordall said: "2015 was another year of consolidation for us, building on our sound financial track record and marking further inroads into eradicating unnecessary costs."