Eddie Stobart saw turnover and earnings grow in the first six months of its financial year, but the cost of refinancing, its stock market listing and the end of an Irish retail contract resulted in a pre-tax loss. Having completed an initial public offering (IPO) on the Alternative Investment Market in April, the haulier saw revenue climb 7.7% to £287m (2016: £266.4m) in the six months to 31 May 2017. Underlying turnover growth, which strips out the end of the […]
Wincanton has put in place a turnaround plan for its Pullman Fleet Services business after the segment delivered an “underwhelming” performance in its most recent financial year.
Profits at S&S Distribution rose almost 86% last year, as the Kent-based family firm placed emphasis on offering an “excellent service” to its customer base.
A “satisfactory” fourth quarter left French logistics giant Norbert Dentressangle with group turnover of €3.88bn (£3.32bn) during 2012 – up 8.5%. The group’s transport division accounted for just over €2bn of this (up 3.7%), despite reduced volumes from some customers; with its contract logistics work adding just under €1.8bn (up 12%), thanks mainly to a strong performance in the UK, Italy and the Netherlands. The firm’s burgeoning freight forwarding activities, meanwhile, generated revenues of €143m (up 67%). Although ND’s total […]