Associated Cold Stores & Transport (ACS&T) felt the benefit of an upturn in trade due to the Olympics and the Diamond Jubilee last year, with both turnover and profit up year-on-year. For the 12 months ending 29 December 2012, turnover rose to £20.4m, from £18.7m a year ago. Pre-tax profit stood at £651,249, compared to £142,903 in the previous 12 months. MD Malcolm Johnstone said: “The substantial capital investment over the past year in our IT infrastructure, properties and commercial […]
Fred Sherwood & Sons (Transport) saw revenues grow by 2% to £34.6m last year, but the bulk haulage firm said Covid-19 had since had an adverse impact on the business.
Howard Tenens Logistics saw its profits hit as a result of losses made by its subsidiary, Howard Tenens (West London) after two major customers’ volumes dropped by up to 90%.
Ocado saw an almost fivefold reduction in its pre-tax losses last year aided by soaring demand for online groceries during the Covid-19 pandemic.