Wincanton has found home is where the heart is as customers in the DIY and home retail sectors drove growth at the operator. At the same time it has begun surgery to return its industrial and transport division to health. Group turnover for the six months to 30 September 2017 grew 3.4% to £581m (2016: £561.8m). Pre-tax profit increased 3.6% to £20.3m (2016: £19.6m). Contract wins and renewals with Argos, a win with IKEA and Thales, and renewals with Ibstock […]
Wincanton is now a “very different organisation” to what it was a few years ago, as the company increased turnover, more-than doubled pre-tax and continued to reduce its net debt in financial year 2013.
Palletways (UK) saw turnover increase to £163.7m in the year to 31 May 2015 (2014: £146m), according to its latest accounts published at Companies House.
Potter Group Logistics has credited stringent cost control, which hasn’t come at the expense of good customer service, for a 27% jump in annual pre-tax profit. Matthew Lamb, MD of Potter Group Logistics, said: “As always our focus is on delivering first class customer service. “We have achieved this while applying rigours controls on overheads across all areas of the business.” As a result, pre-tax profit in the year ended April 2012 was £1.04m (2011: £817,000), with turnover 2.8% ahead […]