Connect Group has continued to enjoy growth in the first half of its trading year driven by its acquisition of Tuffnells Parcel Express in 2014. Group revenue was up 4% for the 6 months ended 29 February 2016 to £948.4m (2015: £909.9m). Pre-tax profit rose 36% for the same period, from £14.1m to £19.2m. Connect said strong financial performances – following a year of growth in 2015 – from Tuffnells and its media business were to thank for this. Group chief […]
News distribution specialist CM Downton has secured its first contract with Connect Group’s Smiths News.
A 90% plummet in DX Group’s share price has prompted its largest shareholder to call for the removal of two board members for their “inexcusable” performance.
Tuffnells Parcels Express MD Chris Ward is leaving the business following its integration within parent company Connect Group.