UK Pallets and its year to forget


 

Looking at UK Pallets’ directors’ report and financial statements for the year to 31 March, reveals additional detail about what was the network’s annus horribilis. As previously stated, via parent company UK Mail’s May results, last year was a grim one for the pallet network. For example, operating profit was down 59% from £2.09m to £842,000 [the figure has been adjusted marginally since May]. This, the newly published directors’ report highlights, reduced operating margin from a handsome 7.4% in the […]