Connect Group has continued to enjoy growth in the first half of its trading year driven by its acquisition of Tuffnells Parcel Express in 2014. Group revenue was up 4% for the 6 months ended 29 February 2016 to £948.4m (2015: £909.9m). Pre-tax profit rose 36% for the same period, from £14.1m to £19.2m. Connect said strong financial performances – following a year of growth in 2015 – from Tuffnells and its media business were to thank for this. Group chief […]
DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business.
A growing customer base and increased network capacity drove growth at Tuffnells in the year to 31 August 2016 results, underpinning a successful performance for owner Connect Group.
The MD of Tuffnells Parcels Express has said the company takes any instances of non-compliance with the drivers’ hours rules very seriously after three of its drivers admitted falsifying tachograph records.