Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability. Following a particularly good fourth quarter, the group reported an overall 3.9% rise in turnover during 2013 to just over €4bn (£3.28bn), with earnings before interest, tax and amortisation (EBITA) amounting to €141.7m (£116.4m). This compares to restated turnover of €3.88bn and EBITA of €141.6m the previous year. Revenue from […]
MT Top 100 company Norbert Dentressangle has begun extending its use of an Isotrak telematics-based vehicle and driver monitoring system to another 140 vehicles within its tanker distribution division, bringing the total number of tankers covered by the technology to 260 across 31 different sites.
Ceva Logistics has postponed its proposed float on the New York Stock Exchange (NYSE) as it looks to restructure its balance sheet and stem its shrinking profits.
A revival in activity within the construction sector helped ET Holdings more than treble profit before tax in the year to the end of March 2014, from £192,000 to just under £760,000.