Owens (Road Services) saw pre-tax profit rise 14% last year as it invested heavily in its fleet and focused on maintaining a competitive edge. The operator’s financial statements for the year ended 30 June 2013 revealed that pre-tax profit jumped from £706,782 to £806,503. Turnover, however, remained broadly flat at £36.2m, despite winning some new contracts in the FMCG sector, including Amazon.com, and receiving steady business from the local steel industry. The Welsh operator is continuing to focus on reducing […]
Owens has returned to profit after three consecutive years of losses, its latest financial results have revealed.
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]
Rhys Davies & Sons saw both turnover and pre-tax profit rise last year, through a mixture of cost control and volume growth.