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 […]
TNT UK’s pre-tax loss ballooned to £22.1m last year ahead of its acquisition by FedEx Corporation in May 2016.
Brit European is seeking planning permission for a refuelling station for its fleet of dual-fuel HGVs.
Howard Tenens has revealed details of the two year contract it won with self service coffee firm Costa Express in January.