CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%. For the year ended 30 June 2015, the Gloucester-based operator had turnover of £113.5m, up 7.7% on the previous year. The group’s pre-tax profit rose 8.8% to £5.1m (2014: 4.7m). Downton MD Andy Downton said the growth was “very much within [the group’s] expectations”. He told Motortransport.co.uk: “We are never complacent but hope that our service […]
Average truck operating costs have risen by a massive 75% since September 2000 while reported haulage rates were only 23% higher in July 2013 than back then, new cost figures from the RHA have shown.
CM Downton has extended its contract with Saica, making the Spanish packaging company one of its “top 10” customers.
Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability.