Lloyd Fraser in “strong position” as turnover and profit rise


Lloyd Fraser said it was in a strong financial position with healthy cash reserves after reporting a 3.4% increase in turnover last year. The logistics group, which specialises in fashion transport, bulk liquids and FMCGs, also increased its pre-tax profit by 3.6% to almost £1.3m in the year ending 31 August 2013. Turnover rose to £47.3m during the period, with around £640,000 of this derived from business in Europe. The company said its future strategy will be to focus on […]