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 […]
News distribution specialist CM Downton has secured its first contract with Connect Group’s Smiths News.
Tuffnells Parcels Express MD Chris Ward is leaving the business following its integration within parent company Connect Group.
Tuffnells owner Connect Group is to sell its care and education division in order to focus on the growth of its parcels and news services.