Howard Tenens remains confident that it is “well positioned” to grow its business, despite posting a 15.4% drop in pre-tax profit last year. The operator’s annual results for the year to 30 September 2013, filed to Companies House, revealed that despite a 3.3% increase in turnover to £57.1m (2012: £55.2m), pre-tax profit fell to £3.9m from £4.6m. Its pre-tax profit margin also dropped from 8.4% to 6.8%. In their report, the directors attributed the reduction in profit to “losses from […]
Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes.
John G Russell (Transport) said it had benefitted from months of empty roads over the last year, which helped boost fleet productivity, fuel consumption and would result in strong financial results.
Parcel delivery network APC Overnight made a £4.42m pre-tax profit last year, a 30.4% increase on the previous year’s figures. Turnover for the year ended 31 March 2012 rose 13.5% to £65.7m (2010/11: £57.9m) as a result of increased customer demand. Chief executive Syed Ziaullah said: “These results really are a reflection of the huge surge in customer demand seen right across the business during the last financial year. “We pride ourselves on delivering the best service in the business […]