Automotive specialist Brit European Transport improved its margins in 2012, despite a slight fall in turnover. The haulier – which acquired bulk liquids business Tankplus in November 2012 – saw pre-tax proft for the year-ending 31 December 2012 rise to £465,265 from £334,522 in the previous financial year.This represents an pre-tax profit margin increase from 1.37% to almost 2%. Turnover fell slightly from £24.3m to £23.9m. MD Graham Lackey said: “We have invested a great deal of time and money […]
Average truck operating costs have risen by a massive 75% since September 2000 while reported haulage rates were only 23% higher in July 2013 than back then, new cost figures from the RHA have shown.
Advanced Processing, which trades as Advanced Supply Chain, took another step towards its target of £100m turnover by 2016, after a revealing a 57% rise in its most recent financial year. For the 12 months ending 30 June 2012 turnover rose to £28m, from £17.5m in the previous 12 month period. The garment processing specialist also increased its profitability, revealing a pre-tax profit of £1.1m compared to £508,333. In setting its £100m target for 2016, the Bradford-based operator has stated […]
Wincanton has reversed heavy losses and is “back on track” – despite a 9.6% fall in turnover – after a turbulent two years that saw it sell its loss-making European activities and exit a poor performing market in the UK.