DX Group’s pre-tax profit crashed 75% year-on-year in the six months ending 31 December 2016, it revealed today. The half-year results, released today, report adjusted pre-tax profit or £600,000, against £2.5m for the six months ended 31 December 2015. The group’s turnover increased by 0.7% to 142.7m. Last week the group’s largest shareholder, Gatemore Capital Management, called for the removal of DX chairman Bob Holt and non-executive director Paul Murray from the board. Managing partner Liad Meidar told Motortransport.co.uk said […]
Customers’ willingness to shake up the status quo will stand Wincanton in good stead whatever challenges lie ahead, according to its boss.
A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a “highly challenging” environment resulting in the firm recording a loss.
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.