Good old Stobart. You can always count on them doing something that will hit the headlines. What was somewhat overshadowed yesterday – when it was revealed that Avril Palmer-Baunack would be leaving the role that was created for her in January – is some welcome financial news. Firstly: Stobart Group – having suffered several reporting periods in the doldrums – said that come 16 May it expects to report results moderately ahead of market expectations. Secondly: Stobart revealed it had […]
Tomorrow I will be speaking with Wincanton chief executive Eric Born as Britain’s second largest road transport operation (or is it?) reveals its latest annual accounts. The most important part is – can the company turn a profit and for much of the past 12 months it has promised “good progress” in its strategy to return to “sustainable profit growth”. Before then its been a week of scalping – shares in the transport tracker are either flat, or down, across […]
Stobart Group has reported a busy Christmas in its transport and distribution businesses, as EBIT (earnings before interest and tax) for the final four months of 2013 grew.
Motor Transport: A Year in Review The industry has faced a challenging 2012 and since its launch in March, MT.co.uk has been here to cover the ups and the downs. Here is a month by month guide to the big stories of 2012. January saw B2C parcel operators report record Christmas volumes as a result of the biggest online Christmas the UK had ever seen. Hermes delivered 15 million items in its 2011 Christmas peak, while Yodel delivered 20 million […]