Yodel made a pre-tax loss of £82.5m in its most recent financial year, which is the parcel operator’s biggest loss since 2013. The Barclay brothers-owned business has never managed to turn a profit, but for the year ended 30 June 2017 Yodel’s pre-tax loss leapt 64% compared with its loss of £50.4m in 2016. Its newly published accounts also reveal a drop in turnover of 3% year-on-year to £409.8m (2016: £422.7m). Former CEO Mike Cooper, who left the business in […]
Family-run John Jempson & Son added more than £1m to its turnover last year, thanks to a buoyant construction market in London.
Yodel has had its contract to provide the logistics for The Tour of Britain extended by five years.
Despite turnover rising by almost half in 2017 Simon Gibson Transport saw its profit fall for the third consecutive year as the firm continued to invest “heavily” in its fleet.