Suttons Group has said that its most recent financial year was one of ‘progress and challenges’, as it embedded its purchase of Imperial Tankers into its UK business. Turnover in continuing operations for the year-ending 30 April 2015 rose to £176.2m, from £146.5m in the previous year. Pre-tax profit however fell to £6.7m from £9.4m. Suttons said that the £26.9m turnover increase was primarily a result of its acquisitions. It bought Imperial Tankers, the bulk chemical transport arm of Hargreaves, […]
Greg Lofts (pictured) has been appointed business development director at Suttons Tankers, joining from Wincanton’s defence business.
The loss of customer Harvest Energy to Norbert Dentressangle in April 2014, after a competitive tender, has seen Suttons Group report £10.5m of discontinued activities in its UK road haulage business.
Widnes-based Sutton Group has acquired Imperial Tankers, the bulk chemical transport arm of Hargreaves, creating a single bulk tanker fleet of some 700 units with a combined turnover of approximately £114m from UK operations alone.