HW Coates plays down 20% rise in profit


 

Packaged chemicals logistics specialist HW Coates Holdings has played down a near 20% rise in pre-tax profit last year, describing it as “satisfactory”. The Leicester-based firm saw turnover increase by 10% in the year to 31 December to £37.8m (2012: £34.3m); pre-tax profit rose from £8.1m to £9.7m – up 19.9%. The jump followed an a stellar performance in 2012, during which the firm raised its pre-tax profit by 34% on a 4% rise in turnover. As in the previous […]