John Mitchell (Grangemouth) sees profit growth thanks to cost-controls


 

John Mitchell (Grangemouth) has reported a significant rise in profit after cost-control measures and a focus on its warehousing arm. For the year ending 31 March, the haulage and warehousing business recorded a turnover largely static compared with last year, at £13.2m. However, pre-tax profit increased almost fourfold to £346,707 (2015: £88,530). MD Iain Mitchell said control of the company’s costs helped drive much of its profit. “We are tight on that. We have focused more on the warehouse side […]