Removals firm Pickfords suffered a small decline in turn-over and profit in the last financial year but still managed to keep well ahead of its performance two years ago. In the year to the end of September 2015, turnover fell 3.75% to £67.2m (2014: £69.8m), while pre-tax profit was down 6.9% at £3.6m (£3.8m), leaving the firm with a margin of more than 5%. Last year’s results were, however, up 20% in terms of turnover and 141% in terms of […]
Kinaxia’s acquisition of AKW Group and Fresh Freight helped deliver a 48% rise in revenues in 2019, but the group’s continuing acquisition drive and IT investments contributed to a loss of £1.8m in the period.
Associated Cold Stores & Transport (ACS&T) said it ended last year in a strong financial position after Covid-19 resulted in a 17% reduction in turnover and knocked almost two-thirds off its pre-tax profit.
A range of the transport sector’s leading operators have given an optimistic trading forecast for the rest of 2021 and beyond, with many continuing to report soaring volumes.