TNT reduced its pre-tax loss and saw its global revenue rise in its final full financial year ahead of its €4.4bn (£3.2bn) purchase by FedEx. In the year-ending 31 December 2015 TNT saw its overall revenue increase to €6.9bn (£5.1bn), from €6.7bn in the previous year, while its loss for the period reduced to €56m from €190m. TNT CEO Tex Gunning said that after years of decline, the business had returned to “sound and robust revenue growth” – as it […]
Norbert Dentressangle has reported a 9.1% increase in pre-tax profit on the back of an 8.5% increase in annual turnover for 2012.
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%.
Pressure on rates has led to Felixstowe-based container specialist Macintyre Transport reporting a 9% fall in pre-tax profit despite a near 11% rise in turnover. Turnover in the year to 30 April 2012 rose from £19.3m to £21.4m due to organic growth, said chairman Harvey Macintyre; pre-tax profit, however, fell from £895,000 to £813,000. Much of the profit slide was attributable to stagnant rates, said Macintyre. “We have been very proactive in taking costs out of the business since 2008, […]