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 […]
Profit fell at Kuehne + Nagel’s road and rail logistics division in the first half of 2013, compared to the same period in 2012, although it predicted a stronger second half-year performance.
Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged.
Proposals to grant business groups the power to challenge unfair payment terms on behalf of their members are being considered by the government.