DX Group made a pre-tax loss of more than £80m in the year ended 30 June 2017. The group issued a profit warning about the year’s results in February, and its CEO Petar Cvetkovic stepped down in June after an “exceptionally difficult year”. Though DX Group did see a 1% growth in turnover to £292m, the embattled company has now lost north of £160m in the last two years. The majority of the the pre-tax loss consists of an exceptional […]
TNT UK’s pre-tax loss ballooned to £22.1m last year ahead of its acquisition by FedEx Corporation in May 2016.
Palletline has appointed two new directors to its board.
Efforts to make Boughey Distribution a more efficient and therefore attractive option for subcontractors have paid off, according to owner NWF Group.