GeoPost UK, comprising of DPD and Interlink, showed robust financial health in 2013 with significant increases in turnover and pre-tax profit. Turnover at DPD rose by 24% to £492m for the year-ending 29 December 2013, from £397m in the previous year, while turnover at Interlink rose 12% to £179m. Combining the two businesses the turnover at GeoPost UK’s activities stood at £671.6m, compared to £470.9m in 2012. Pre-tax profit for the combined businesses stood at £90m. According to documents filed […]
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.
A property revaluation was responsible for scuppering the bottom line at Bradford-based Expect Distribution in the year to the end of November 2012. It was enough to turn the previous year’s profit before tax of £432,500 into a loss of more than £943,700, despite a 14% rise in turnover from £15.8m to £18.1m.
A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year.