UK Pallets saw operating profit evaporate last year

UK Pallets

UK Pallets, the pallet network owned by UK Mail Group, was rocked by a 64% collapse in year-on-year profits in the year to 31 March, its parent company has revealed. UK Mail Group warned in April that its pallet business, which contributes 6% of its total revenues, had experienced a difficult year. This saw Graeme Wilson replace Terry Richards in the top spot in March at the network, which saw its profit head south due to gaps in its coverage […]