Stobart shakes off turbulent year with turnover and profit gains


 

Stobart Group has shaken off a tough start to the year by revealing a 7.2% improvement in the profitability of its transport operations, and a 13% leap in turnover driven by the addition of Autologic. For the 12 months ending 28 February 2013 turnover at Eddie Stobart rose to £517.1m, compared to £459.2m in the previous year. Operating profit in Stobart Group’s transport and distribution division increased from £27.7m to £29.7m. In January Stobart revealed it would close its chilled […]