Elddis Transport reports “solid performance” despite tough trading conditions


 

North East haulage firm Elddis Transport reported “a solid performance” in its latest financial results, despite tough trading conditions. Turnover was £26.1m with a £552,647 pre-tax profit for the year ending 31 December 2015. This was lower than 2014’s £26.9m and £612,735, but MD Nigel Cook said its fuel ratchet rebate scheme accounted for most of the loss, due to falling fuel prices. He told Motortransport.co.uk: “Obviously, it’s a difficult market, but we are running at the budget planned for […]