Owens has returned to profit after three consecutive years of losses, its latest financial results have revealed. The Welsh firm posted a pre-tax profit of £706,782 for the year ended 30 June 2012, up from a loss of £12,562 at the end of the previous year. Its pre-tax profit margin also rose to 1.9%, while turn-over jumped 11.9% to £36.7m (2011: £32.8m). 2012 was the first year since 2009 that the firm posted a pre-tax profit, after seeing losses of […]
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]
Scania has been ranked the most sustainable vehicle manufacturer by Corporate Knights in its annual Global 100 Index.
Logistics firm Amco Services (International) was sold in a pre-pack deal that cost its management team £143,000, according to new documents.