Following the themes of recent weeks the big winner in the Motor Transport tracker is Hargreaves Group – even if the performance of its transport group is slightly off target. On Thursday 28 February Hargreaves Group published its interim results for the six months ended 30 November 2012. Within its overall performance it noted that transport turnover increased by £300,000 from £39.7m to £40m. However underlying operating profit decreased by £100,000 from £2.2m to £2.1m. Hargreaves noted that its tanker […]
Wincanton is confident in its growth prospects for the current financial year, as it begins to see the benefits from the disposal of its records management arm and the termination of loss-making contracts in its Pullman Fleet Services business.
Hargreaves Services has warned that its transport division’s operating profit may fall by £500,000 this year due a decline in the coal, steel and construction markets.
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]