Losses widen at Bibby Supply Chain Services


 

A sting in the tail from the disposal of System Group, coupled with client departures, contract delays and restructuring at its distribution business, saw losses widen at Bibby Supply Chain Services last year. For the year ended 31 December 2015, Bibby Supply Chain Services made a pre-tax loss of £6.2m compared with a loss of £3.6m a year earlier. This was, in part, due to the sale of System Group to Bridgewater Human Capital on 31 January 2015. The disposal […]