Pre-tax profit fell by a third last year at MT Top 100 company Fred Sherwood & Sons (Transport), despite a 2% increase in turnover. Its annual accounts for the year ended 31 March 2014 revealed a 35.4% drop in pre-tax profit to £944,007 (2013: £1.4m). Turnover increased to £37.9m, up 2% on the previous year’s £37.2m figure. Its pre-tax profit margin slipped to 2.4% from 3.9% in 2013. According to the directors’ report published at Companies House, the Shepshed, Leicestershire-based […]
Wincanton has reported continued improvement in revenues and profitability since the initial impact of the pandemic and, following a period of recovery and stabilisation, said it had returned to growth in Q3 of the financial year.
The UK arm of oil and gas specialist Lubbers Transport Group, RTH Lubbers, saw turnover rise last year as a result of an increase in sales and the rapid expansion of its interests in Italy.
Container haulier Pentalver Cannock said a rise in turnover and pre-tax profit during 2017 was essentially down to the continuing improvement in trading conditions since the economic downturn.