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 […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.
The MD of Eddie Stobart has said he is “extremely pleased” that the Doncaster driver row has finally been resolved. Speaking after Unite revealed its members had accepted an improved redundancy offer, the details of which were not disclosed, Eddie Stobart MD David Pickering said: “Since the start of September, we’ve worked diligently and professionally to come up with the best possible package for the drivers and to provide a range of alternative employment options. “It’s a positive way to […]
Soft drinks manufacturer Britvic is switching its entire UK transport requirement back to Eddie Stobart, just over a year after signing up Wincanton to deliver as part of a five-year deal, MT can reveal.