Yodel made its seventh loss in a row in the year ended 30 June 2016, while its sister company Arrow XL saw its pre-tax profit leap by more than 500%. Three years after the firm’s self-set deadline for turning a profit, Yodel finished the year with a pre-tax loss of £50.4m (2015: £46.7m). The company also saw its turnover fall by 1% to £422.7m, from £428.2m the previous year. A spokesman for the parcel delivery firm said: “Yodel has made […]
Bartrums has posted a combined turnover of £26.7m for its road services and haulage and storage arms, down on the previous year’s results, but pre-tax profit showed an improvement.
Royal Mail’s European parcels division remained the business’s driving force in the nine months ended 24 December 2017, while its UK letter volumes and turnover continued to dwindle.
Hermes has won a contract extension from River Island, covering home delivery of clothes, shoes and accessories ordered online.