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 […]
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.