UK Mail Group is expecting a 13% increase in turnover for the first half of this year, as it moves into a “challenging” 2013. Excluding Royal Mail price hikes that came into force on 2 April, the group is expecting a 10% increase in turnover on last year’s figures, as revealed in its pre-close trading statement published today (9 October). The firm stated that its performance in the first half of this year, ended 30 September, was “satisfactory” and in […]
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]
Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged.
MT Top 100 operator UK Mail Group posted a 63% growth in pre-tax profit, and 8% growth in turnover, in the first six months of its financial year underlining a period of what chief executive Guy Buswell described as “very strong growth”.