DX Group’s pre-tax profit crashed 75% year-on-year in the six months ending 31 December 2016, it revealed today. The half-year results, released today, report adjusted pre-tax profit or £600,000, against £2.5m for the six months ended 31 December 2015. The group’s turnover increased by 0.7% to 142.7m. Last week the group’s largest shareholder, Gatemore Capital Management, called for the removal of DX chairman Bob Holt and non-executive director Paul Murray from the board. Managing partner Liad Meidar told Motortransport.co.uk said […]
Gregory Distribution (Holdings) arrested a profit decline last year despite being “significantly impacted” by the Beast from the East.
Fierce competition for southbound loads combined with rising operating costs saw Currie Solutions deliver a pre-tax loss for the second year in a row, its latest annual accounts show.
Operators struggling to meet financial standing can now be offered a period of grace of up to a year to get themselves on a firmer footing, according to transport lawyers.