CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%. For the year ended 30 June 2015, the Gloucester-based operator had turnover of £113.5m, up 7.7% on the previous year. The group’s pre-tax profit rose 8.8% to £5.1m (2014: 4.7m). Downton MD Andy Downton said the growth was “very much within [the group’s] expectations”. He told Motortransport.co.uk: “We are never complacent but hope that our service […]
Royal Mail has warned for a second time that competition from other carriers, this time Amazon’s own delivery network, will damage its growth prospects.
FRP Advisory, the administrators of Charles Gee Group, has confirmed to Motortransport.co.uk that it is still seeking a buyer for some of its road transport interests.