Cost control and volume growth sees turnover and profit up at Rhys Davies Logistics


Rhys Davies & Sons saw both turnover and pre-tax profit rise last year, through a mixture of cost control and volume growth. The Cardiff-headquartered operator saw turnover for the year ended 31 August 2013 rise by almost 4% to £39.3m (2012: £37.8m), accounts published to Companies House reveal. Pre-tax profit at the firm jumped by nearly 6% to £1.1m, up from £1m the year before, with a slight increase in margin to 2.8%. In a statement, the directors said they […]