Hermes Group, parent company of UK parcel carrier Hermes Parcelnet, has seen “significant growth” in turnover for the twelfth year running, which it attributed to the rapidly growing e-commerce sector. The group’s turnover for 2015 was €2.5bn (£1.9bn) compared to €2.2bn the previous year. This 11% increase, the group said, had been driven by “booming e-commerce”, with the group handling 580 million shipments over the course of 2015. Hanjo Schneider, chairman of the supervisory board of Hermes Europe, said: “We’re […]
A harsh economic climate, growing costs and rising customer resistance to rates increases all left Gloucestershire-based haulier CM Downton struggling to raise its profit level significantly, despite a 13.8% increase in turnover in the year to the end of June 2012.
Consolidated results for the Woodside Haulage group of companies show that the County Antrim operator saw pre-tax profit soar 42% last year.
A revival in activity within the construction sector helped ET Holdings more than treble profit before tax in the year to the end of March 2014, from £192,000 to just under £760,000.