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 […]
Royal Mail has said it delivered a “resilient performance in challenging markets” despite its group profit falling by a third in the last year.
Bibby Distribution has reorganised internally following a two year acquisition spree and a series of contract wins and renewals in 2012. It will now divide its operations across four separate customer sectors; food manufacturing, FMCG, packaging, and paper and industrial. Iain Speak, chief executive of Bibby, told MT.co.uk that the changes were necessary in order for each division to be seen as experts on the customer sectors they serve. “We have made organisational changes so that we can articulate better […]
Laser Transport International suffered a “savage” financial hit due to the devaluation of the pound in 2016 after the UK’s vote to leave the EU, newly published accounts show.