Fred Sherwood & Sons (Transport) saw pre-tax profit fall 18% last year with turnover also declining by 5% in the period. Reporting its annual accounts for the year ended 31 March 2016, the company revealed that pre-tax profit had dropped to £1.3m (2015: £1.6m) while turnover had fallen to £36.7m on the previous year’s figure of £38.6m. Despite the fall in pre-tax profit and turnover, the directors’ report remained upbeat, stating that the firm had “traded successfully” in the period […]
AKW Group saw its annual pre-tax profit climb by more than 60%, despite a £600,000 write off, after it delivered better-than-expected sales at its transport, warehousing and contract packaging businesses.
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.
The future of Hellmann Worldwide Logistics’ UK operation has not yet been ensured, with its German parent company still locked-in discussions with its lenders over a refinancing deal.