Gist blamed one-off pension costs and retailers’ squeezing of supply chain providers for a 23% fall in pre-tax profit last year, but it still saw turnover rise by 7.2%. For the year ended 31 December 2011 pre-tax profit fell to just under £18.8m, from £24.5m the previous year. However, turnover rose 7.2% year-on-year from £379m to £406m. Gist chief executive Martin Gwynn told Motortransport.co.uk: “Business performance remains robust. Excluding the effect of the one-off pension charges, profit increased year-on-year despite […]
Advanced Processing, which trades as Advanced Supply Chain, took another step towards its target of £100m turnover by 2016, after a revealing a 57% rise in its most recent financial year. For the 12 months ending 30 June 2012 turnover rose to £28m, from £17.5m in the previous 12 month period. The garment processing specialist also increased its profitability, revealing a pre-tax profit of £1.1m compared to £508,333. In setting its £100m target for 2016, the Bradford-based operator has stated […]
Hellmann UK Contract Logistics and Consulting (CLC) has increased its shared user space to 130,000 ft².
Bradford-based logistics firm Expect Distribution has closed its two-man e-retail delivery operation, following a number of “operational challenges”.