Pre-tax profit at Fowler Welch rose 12.8% last year, as a result of improved vehicle efficiency, new business wins and volume growth from existing customers. Parent company Dart Group revealed that pre-tax profit for Fowler Welch rose to £4.4m for the year ended 31 March 2013, up from £3.9m in 2011-12. It said this improvement was due to “organic volume growth and new business to offset any revenue losses”, while average miles per gallon increased slightly to 8.7, up from […]
There is one share in transport that is having a little run at the moment. One that doesn’t do it very often. After slipping to a low of 45p on 27 March, Wincanton keeps on growing. As of this morning it hit 82.35p – that’s an 83% return on your investment. So why all the commotion?
Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat.