UPS’s UK business recorded “modest growth” last year in both turnover and pre-tax profit, with revenue rises largely driven by its European and international businesses. Turnover rose 8.7% to £944.9m in the year to 31 December 2016 (2015: £869.1m), with pre-tax profit up 6.9% to £62.3m (2015: £58.3m). However, whilst the UK market provided the lion’s share of the turnover at £383.3m (2015: £380.2m) it rose just 0.8% in the period. This compared to a 15% revenue rise from its […]
Currie European’s MD said it had been focusing on customer and route profitability during 2016, in order to mitigate limited success in increasing its rates.
Maxi Haulage saw another year of strong growth with pre-tax profit up 14% to £1.61m in the financial year ending to September 2015.
Even if customs clearance is reinstated following Brexit, leaving the EU remains the best thing for the UK, according to Europa Worldwide Group MD Andrew Baxter.