A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover. Turnover rose 11.4% to £112.6m for the year ended 31 December 2013 (2012: £101.1m), which it attributed to growth in its core same-day business and making “selective acquisitions”, including Dash-It, Bullit Couriers and Heathrow Baggage Services. Its earnings before interest, tax, depreciation and amortisation (EBITDA) increased 15.4% from £10.6m to £12.2m in the same period […]
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.
Irvine, North Ayrshire-based Maxi Haulage has seen an increase in both turnover and pre-tax profit as business continues to grow.
Strood, Rochester-based R Swain & Sons has delivered a boost to its special projects division with the acquisition of specialist plant and services firm Gatwick Plant.