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 […]
Growth in the oil services sector, investment in its Palletline business and improved vehicle utilisation helped Scottish haulier ARR Craib boost turnover and profit in the 12 months ending 31 March. Turnover rose 8.9% to £38.9m, while pre-tax profit was 56% higher, climbing from £873,117 to £1.36m. ARR Craib attributed the profit rise to a cost control programme, which incorporated driver training and a vehicle telematics and tracking system over the course of the year. It also invested £3m in […]
The Woodland Group – parent company to Woodland Logistics – has signed a three year contract with automotive aftermarket supplier Comma Oil and Chemicals.
Contract changes and one-off project costs contributed to Gist’s annual profit plunging by more than half last year, according to the firm’s latest results.