Stobart EBIT grows in final quarter of 2013


Stobart Group has reported a busy Christmas in its transport and distribution businesses, as EBIT (earnings before interest and tax) for the final four months of 2013 grew. In its interim management statement covering the period from 1 September 2013 to today (17 January), it confirmed that all of its businesses are continuing to make steady progress, but conceded that more work needed to be done to achieve its long-term goals. In order to reduce debt, it also continues to […]