Knights of Old remains on the hunt for more acquisitions after turnover jumped during the first full year of trading following its integration of the Mainland Group. In its financial statement for the year ending 31 May 2013, Knights revealed a 38% increase in turnover to £44.3m (2012: £32.1m), which the directors said mainly reflected its merger with Northampton-based operator in December 2011. Pre-tax profit, however, fell by 37% to £1.6m, down from £2.7m in the previous year. The directors […]
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.
Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment.