Aberdeen-based ARR Craib Transport saw off difficult conditions in its key oil and gas sectors last year, helped by several major wins in the construction and fast moving consumer goods markets. According to its annual results to 31 March 2017, ARR Craib saw turnover rise £44.8m (2016: £43.5m) in the period, with pre-tax profit up to £1.1m (2016: £1m). The firm, which operates transport services from its bases in Aberdeen, Cumbernauld, Stockton and Great Yarmouth, continued to battle against an […]
Howard Tenens remains confident that it is “well positioned” to grow its business, despite posting a 15.4% drop in pre-tax profit last year.
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.
ARR Craib said that its customer retention has been excellent, despite the fall in the price of oil that led to a significant downturn among its core oil and gas customers resulting in a 9% fall in turnover in its most recent financial year.