UK Pallets stuck in reverse gear


It might be all smiles at UK Mail Group but UK Pallets appears to still be stuck in reverse gear. The Hub described its previous financial year as one to forget, but the latest figures covering the year to 31 March 2014 suggest that description might have been hasty. While the pallet business remained profitable last year, its turnover was down 0.7% year-on-year to £28m and it’s slipped again in this latest period, by 3.2% to £27.1m. Operating profit was […]