Maxi Haulage is on course to deliver “acceptable” profit levels this year after driver wage rises and a steep hike in shipping costs to Ireland saw the firm’s pre-tax profit take a 41% hit in 2017. Reporting its annual results to 30 September 2017, the Irvine-based Maxi Caledonian subsidiary revealed that whilst turnover rose 11% in the year from £56.1m to £62.3m, pre-tax profit fell 41% from £2.3m to £1.3m. Maxi Haulage MD Alan Miles told MT: “The biggest impact […]
Fortec has pledged to donate one penny from every pallet that is handled by both the network and Pall-Ex to a local baby hospice.
Turnover and profit both rose by some 12% last year at Newmarket, Suffolk-based Turners (Soham), as a prudent approach to rates and new business continued to pay off. In the 12 months to 31 December 2011, turnover jumped 11.9% to just under £235m (2010: £210m); while pre-tax profit rose 12.5% to £24.3m (2010: £21.6m). All three of the firm’s divisions enjoyed a significant boost during the period, with turnover up 7.69% in the temperature controlled division, 10.63% in the general […]
Highbridge, Somerset-based RT Keedwell Holdings boosted its pre-tax profit almost 25-fold in the year to 31 October 2012, reporting pre-tax profit of £198,000 compared to just £8,000 the previous year as it recovered from a serious downturn in the construction sector.