South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown. Despite a 4.8% increase in turnover to £21.2m in the year to the end of September 2014 (2013: £20.2m), the company’s pre-tax profit fell from £56,532 to just £153. The additional £1m of turnover generated during the year appears to have been completely eroded by a rise in the cost of sales, up […]
Wincanton has delivered a “boringly predictable” set of results for the six months to 30 September 2013, with group turnover down 1.6% at £542.3m and operating profit up 2.1% to £24.2m compared with the same period last year.
UK Mail expects volume growth in its parcels division to slow down in the second half of this year as it continues to feel the effects of a weakened retail market and poor volumes in the second quarter.
Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes.