A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover. Turnover rose 11.4% to £112.6m for the year ended 31 December 2013 (2012: £101.1m), which it attributed to growth in its core same-day business and making “selective acquisitions”, including Dash-It, Bullit Couriers and Heathrow Baggage Services. Its earnings before interest, tax, depreciation and amortisation (EBITDA) increased 15.4% from £10.6m to £12.2m in the same period […]
UK Mail Group saw turnover and pre-tax profit climb last year thanks to increased volumes, winning new business and retaining existing customers in its parcel and mail divisions.
A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a “highly challenging” environment resulting in the firm recording a loss.