Eddie Stobart Logistics has said that its revenue and profits are growing, and it is ahead of its targets, in its first year of trading under the majority ownership of private investors. It was revealed to investors that in the period since its partial disposal on 10 April 2014 to the close of its financial year on 28 February 2015, Eddie Stobart Logistics made an underlying pre-tax profit of £14.8m, of which Stobart Group takes a £7.3m share. This marked […]
Eddie Stobart Logistics lines up Deloitte for potential administration ahead of crunch shareholder vote on its future
Troubled 3PL Eddie Stobart Logistics (ESL) is reported to be lining up accountancy firm Deloitte to prepare it for insolvency if shareholders reject a rescue package from private equity firm DBAY Advisors.
Civil war on the DX board, Eddie Stobart Logistics hitting the stock market and industry opinions on the Bath tipper case make up the latest episode of the Motor Transport Podcast.
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.