A committed customer base and varied operations helped Kent-based R Swain & Sons grow both turnover and pre-tax profit last year. Its latest financial accounts published to Companies House revealed a 9.6% increase in turnover to £34.8m for the year ended 31 December 2013, (2012: £31.8m). Pre-tax profit jumped 23.5% to £1.3m, compared to £1.08m in the previous financial year. Its pre-tax profit margin also grew to 3.8% from 3.4%. MD Bob Swain told Motortransport.co.uk that the firm’s “broad base […]
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R Swain & Sons defied “considerable” customer and competitor pressure to deliver a 10% rise in turnover last year, according to the firm’s latest annual results.
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