Hargreaves Services has said that its transport division saw a 7.6% rise in turnover in the year-ending 31 May, as it benefited from strong dry bulk volumes. Turnover at Hargreaves Transport increased from £82.7m to £89m, it said in preliminary results, with dry bulk contributing £59.3m to that total. Operating profit in the division also increased, from £4m to £4.5m, of which dry bulk contributed £2.2m and tankers contributed £2.3m. Since Hargreaves closed its financial year it has sold Imperial […]
Widnes-based Suttons Tankers is on the look-out for further acquisitions as it gears up its growth plans, according to MD Michael Cundy.
Suttons Transport Group parent Thomas Cradley Holdings saw its UK turnover jump almost 10% in the year ended April 2012, from £75.4m to £82.9m. The figure includes a contribution of £63.5m (an increase of 14% year-on-year) from Sutton & Sons (St Helens), the UK road tanker, warehousing and drumming operation of Suttons Transport Group. Suttons & Sons (St Helens) profit before tax stood at £1.365m, up almost 25% on the previous 12 months’ £1.09m. Group MD Andrew Palmer said the […]
Last week the MT Tracker took a break – to compile the MT Top 100 – look out for it at the end of November. It’s no secret that our big six make the Top 100, but as for exactly where you’ll have to wait until 18 November. In the meantime, we welcome Royal Mail out of the clutches of the government and onto the Stock Exchange (and the MT Tracker) and we’ll take a look at its share price […]