Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat. Revenue for the transport and distribution division increased 33% to £297.5m (2012: £222.9m), with the former Autologic business acquired in August of last year providing £54.5m of this. Stripping out the contribution from the now rebranded Automotive, turnover in the six months ended 31 August 2013 was £243m, representing growth of a […]
DX Group made a pre-tax loss of more than £80m in the year ended 30 June 2017.
Former Autologic chief executive Avril Palmer-Baunack has been appointed as deputy chief executive of Stobart Group. Palmer-Baunack also joins the board of directors at Stobart, which completed its acquisition of car transporter giant Autologic last month. Former deputy chief executive Richard Butcher becomes chief executive for Stobart’s property business At the same time William Stobart has re-joined the board of directors at the firm after he stepped down in March 2011. Rodney Baker-Bates, non-executive chairman of Stobart, said: ” With […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.