Fuel efficiency increases from its Euro-6 fleet boosted CM Downton’s pre-tax profit last year. For the year ended 30 June 2016, Downton recorded a pre-tax profit of £5.7m, up 12% on the previous year’s £5m. A CM Downton spokesman said: “Part of the reason for the slight increase in profit was the big investment in Euro-6 vehicles, and we’re starting to see the benefit of that with better fuel consumption, along with good telematics results.” However the lower fuel costs […]
Controlled temperature specialist Nagel Langdons increased turnover by almost 15% to £85m in the year ending 31 December 2013.
Wincanton’s commercial vehicle maintenance division, Pullman Fleet Services, has performed well in the first quarter of the current financial year, its parent has said.
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]