UPS’s UK business recorded “modest growth” last year in both turnover and pre-tax profit, with revenue rises largely driven by its European and international businesses. Turnover rose 8.7% to £944.9m in the year to 31 December 2016 (2015: £869.1m), with pre-tax profit up 6.9% to £62.3m (2015: £58.3m). However, whilst the UK market provided the lion’s share of the turnover at £383.3m (2015: £380.2m) it rose just 0.8% in the period. This compared to a 15% revenue rise from its […]
Although the heroics of Team GB at London 2012 already feel like a long time ago, UPS, which was named logistics and express delivery partner to the Games in January 2009, doesn’t officially wrap up its involvement until the end of this month. The winding down and effective closure of two warehouses, in Stevenage and the Port of Tilbury, will bring the curtain down on a supply chain that handled 30 million items, and dealt with everything from demanding broadcasters, […]
Leicester-based packaged chemicals logistics provider HW Coates Holdings has described its financial performance in the year to 31 December 2012 as “satisfactory” – despite raising its profit before tax by 34% over the previous year.
A property revaluation was responsible for scuppering the bottom line at Bradford-based Expect Distribution in the year to the end of November 2012. It was enough to turn the previous year’s profit before tax of £432,500 into a loss of more than £943,700, despite a 14% rise in turnover from £15.8m to £18.1m.