The promise of a solid first half in its financial year did little to improve investor confidence in Stobart Group – because investors were already ahead of the curve. On 17 April it was trading at a year low of 76.5pence per share. Today its at its year high of 109.5p – proving that investors have faith in the direction Andrew Tinkler is taking the company. Markedly though, are the noises that Stobart Group’s chief executive is making: “We are […]
Producing a 15.65m longer semi-trailer that complies with manoeuvrability rules is one thing; building one that is a genuinely practical, real-world proposition is a different matter. So says Professor David Cebon, professor of mechanical engineering at the University of Cambridge and director of Cambridge Vehicle Dynamics Consortium (CVDC), a collaboration between the university and industry.
The transport arm of the Hargreaves Group saw its profit almost halved in the year ending May 31 2015, after the sale of Imperial Tankers to the Suttons Group last autumn.