Bibby Distribution is back in the black with £4.6m profit


As promised last year (MT 21 October), Bibby Distribution has returned a profit for the financial year ended 31 December 2013 after it suffered a loss in its subsidiary System Training in 2012. Bibby Distribution Services (Holdings) turned a pre-tax loss of £4.6m in 2012 into a pre-tax profit of £4.6m in 2013. Turnover was broadly flat at £252m, compared with £255m in 2012. Last year System Training made a pre-tax loss of £7.5m, bringing down overall group profit. In […]