Owens Group is looking to buy a facility in Wrexham after its last financial year saw profit more than double. The group, which rebranded from Owens Road Services last year, saw a 107.5% increase in pre-tax profit for the year ending 30 June 2015 to £1.8m (2014: £884,000), which company secretary Robert Williams attributed to investments from previous years. “We had some exceptional items the previous year which made a bit of a dent in profits,” Williams explained, “but this […]
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 […]
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.
Viridor, the refuse and recycling operator, saw its turnover boosted by an acquisition spree last year, but profit fell as growth in recycling failed to offset a fall in landfill volumes. Viridor bought JWS Churngold for £14.25m in November 2011, having purchased Storm Recycling in June of that year and In January 2011 Veolia’s trade waste collection interests in Cornwall and North Devon and its industrial and commercial collection interests in Devon and Somerset. The company, which now makes half […]