Pall-Ex UK saw its pre-tax profit jump more than 200% in 2016 after results from its management restructure and growing membership began to take hold. The pallet network recorded a pre-tax profit of £499,000 for the year ended 31 July 2016; a 205% increase on 2015’s pre-tax loss of £474,000. Pall-Ex MD Kevin Buchanan said: “There has been major investment in both the management structure and strengthening of the UK member network, with 11 new members choosing to join us. […]
Chester-based third party logistics provider Great Bear Distribution has said it “performed well” last year after raising turnover by over 12% and pre-tax profit by nearly 8%.
Pall-Ex is targeting Slovakia and the Czech Republic as its next European network, having also recently begun searching for a franchise partner in Bulgaria.