Bibby Distribution bounces back after tough period


 

Bibby Distribution’s turn-around strategy has resulted in the MT Top 100 operator moving back into the black after a recent tough period. In the year to 31 December 2016, the firm made an operating profit of £2.3m, compared with an operating loss of £4.3m in 2015. This included an exceptional gain of £2.5m relating to a legal settlement regarding a historic contract. Without this, the company would have reported an operating loss of £211,000. Although turnover fell 
12% to £187m […]