WH Malcolm saw both turnover and profit climb in its most recent financial year. The Linwood-based logistics and construction services group, saw turnover in the year to 31 January 2015 rise 11.2% to £199.9m (2014: £179.7m). Trading profit, before asset gain, increased 11% to £7.1m (2014: £6.4m), which the multi-modal operator described as a good performance given the relatively low growth being experienced in the wider UK economy. Andrew Malcolm, group chief executive, said: “Activity levels in the current year […]
TNT Express said it does not expect to see the full benefit of its profit improvement strategy until 2018-19, as it admits it did not acheive the turnover and profitability it expected in 2014.
Kuehne + Nagel said demand for domestic European transport had broadly improved to pre-crisis levels following a significant decline in order volumes in April and May.
Davies Turner & Co has increased turnover and pre-tax profits despite “tough trading conditions” last year, according to its latest annual results.