Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown. Turnover for the year fell almost 18% from £33m to £27.1m; pre-tax profit fell over 25%, from £4.2m to £3.1m. In its financial statement for the year, the company described the results as “pleasing, given the current trading environment”. Business development director […]
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Hargreaves Services is confident it can rebuild turnover and profit in its logistics business after the division suffered a 47% drop in operating profit to £2.3m last year.
Norbert Dentressangle has won a contract with paint supplier Valspar, covering warehousing and deliveries into its retail partner’s network.