Knights of Old has said it expects to “reap the benefits of larger economies of scale”, after a full year of trading incorporating its 2013 acquisition of AE Parker saw pre-tax profit and turnover rise. For the 12 months ending 31 May 2014 turnover rose to £47.4m, up from £44.6m in the previous financial year, while pre-tax profit increased to £1.15m, compared to £1.149m in 2013. A total of £40.2m of that turnover is derived from the UK, with £7.2m […]
Norbert Dentressangle has reported a 9.1% increase in pre-tax profit on the back of an 8.5% increase in annual turnover for 2012.
KNP Logistics Group, formerly known as Knights of Old Group, slashed its losses by almost two-thirds last year, boosted by major wins in the contract distribution sector, the acquisition of the assets of Steve Porter Transport for just £1, and a restructuring of its finance team, including the addition of a new chief financial officer.
Fagan & Whalley has blamed the UK driver shortage for a near two-thirds fall in pre-tax profit.