Throughout the year The Hub – Motortransport.co.uk’s business blog – has brought you the real stories behind the headlines. So, without further ceremony, here are some of the many highlights of the year. The only way is up: Philson Haulage a canny buy:Philson Haulage was in rude health when it was purchased by Gregory Distribution (Holdings) earlier this year – find out why. Parting is such expensive sorrow (for Stobart): One power struggle later and former Stobart executive chairman Avril […]
Eddie Stobart Logistics (ESL) achieved a major milestone in 2018 as it spent big on transforming itself into an end-to-end transport supplier with turnover, profit and debt surging as a consequence.
Eddie Stobart saw turnover and earnings grow in the first six months of its financial year, but the cost of refinancing, its stock market listing and the end of an Irish retail contract resulted in a pre-tax loss.
The integration of Stobart Automotive and Paragon Automotive at BCA Marketplace as its Automotive Services division is “progressing well” after seeing major increases in turnover and EBITDA in the first half of its financial year.