Low fuel prices give Jack Richards and Son pre-tax profit boost


 

Jack Richards and Son boosted turnover by 14% and pre-tax profits by 7% in 2016, aided by stable fuel prices and an efficiency drive. Reporting its annual results to 31 March 2016 the Norfolk-based company said turnover had grown to £40.6m (2015: £35.5m) with pre-tax profit reaching £1m (2015: £951,007). MD Peter Brown told Motortransport.co.uk: “Our growth is mostly about looking at internal efficiencies and working that little bit harder.” An efficiency drive at the company included introducing telematics to […]