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 […]
Kuehne + Nagel last year boosted both profit and turnover, globally and in Europe, through a combination of winning new business and restructuring.
C Butt saw both its pre-tax and turnover crash in its most recent financial year, after the loss of three major contracts.
Ceva Logistics, which recently saw its long-running relationship with Crown Paints extended, has seen group profit fall after its contract logistics businesses was affected by Europe’s economic malaise. While revenue in the first half of the year was up 5.5% at €3.5bn (2011: €3.4bn), EBITDA slipped 10.5% to €136m (2011: €152) as a consequence, despite growth in the group’s ocean freight business. John Pattullo, chief executive of Ceva, says: “Transpacific volume and weakness in Southern Europe remain a concern. As […]