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. Turnover at the bulk chemical and foods business slumped 11% during 2014 to just under £28.4m (2013: £31.9m) while pre-tax losses swelled over 50% to £2.2m (2013: £1.45m). Commenting on the performance of the firm, which runs artics for UK work and intermodal tank containers for its international […]
Gist blamed one-off pension costs and retailers’ squeezing of supply chain providers for a 23% fall in pre-tax profit last year, but it still saw turnover rise by 7.2%. For the year ended 31 December 2011 pre-tax profit fell to just under £18.8m, from £24.5m the previous year. However, turnover rose 7.2% year-on-year from £379m to £406m. Gist chief executive Martin Gwynn told Motortransport.co.uk: “Business performance remains robust. Excluding the effect of the one-off pension charges, profit increased year-on-year despite […]
Transport and logistics firm Rhys Davies & Sons marked its sixtieth anniversary last year with a 58% rise in profit, the firm’s latest annual results statement has revealed.
Container haulier Macintyre Transport has reported a 26% rise in profits on the back of extending the working life of some of its vehicles.