Sale of Palletforce shares and commercial restructure deliver profit jump for Farrall’s


 

The sale of its Palletforce shares after the purchase of the pallet network last year by EmergeVest sent Farrall’s’ profit soaring in 2015. Farrall’s, which celebrates its 60th anniversary this year and was a Palletforce founder member, saw a 220% jump in pre-tax profit for the year ended 31 December 2015, from £309,189 to £969,852. The Chester-based company said its performance had also been strengthened by “significant rationalisation” at the company. MD Jim Perry told Motortransport.co.uk: “During 2015 a total commercial […]