A turnaround plan at HW Coates has borne fruit with both turnover and profit up at the chemicals logistics specialist. The profit rise, which was boosted in part by the introduction of new accounting standards under FRS102, was revealed in the company’s latest annual results posted in Companies House. Leicester-based HW Coates saw its turnover climb 12% to £36.4m (2014: £32.6m) with pre-tax profit almost doubling to £12.07m (2014: £6.3m). Its parent company HW Coates (Holdings), which includes a contribution […]
When Kevin Buchanan announced he was leaving Palletline after seven years as MD, it was a surprise. When he was subsequently appointed group MD of fierce rival Pall-Ex, it was a shock.
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