Norbert Dentressangle has reported a 9.1% increase in pre-tax profit on the back of an 8.5% increase in annual turnover for 2012. Group earnings before interest, tax and amortisation (EBITA) came to €142m (£122m) during the year on turnover of €3.8bn. Turnover from transport came to €2bn (up 3.7%), the logistics division generated €1.78bn (up 12.2%), and freight forwarding brought in €143m (up 67%). In terms of operating profit, however, the transport division enjoyed a 27% rise while the logistics […]
The government should stimulate the economy by creating a quantitative easing programme for people rather than banks, according to Clugston Group CEO Stephen Martin.
MT Top 100 company Norbert Dentressangle has begun extending its use of an Isotrak telematics-based vehicle and driver monitoring system to another 140 vehicles within its tanker distribution division, bringing the total number of tankers covered by the technology to 260 across 31 different sites.
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]