Bibby Supply Chain Services (previous Bibby Distibution Services) slipped back into the red before it sold its training arm System Group at the turn of the year. For the year to 31 December 2014, Bibby posted a pre-tax loss of £3.6m – including a £728,000 operating loss in continuing operations and a £2.2m operating loss in discontinued operations. In the previous financial year, Bibby had reported a profit of £4.6m. Year-on-year turnover was flat at £242.3m (2013: £241.4m). According to […]
The acquisition of Framptons Transport Services by Gregory Distribution (Holdings) boosted the latter’s pre-tax profit by 25% in 2015.
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.