Grocontinental increased pre-tax profit by almost 13% to £5.2m just before being snapped up by Dutch firm AGRO Merchants Group. Latest figures for the Shropshire cold storage and logistics business showed that when calculated pro rata for a 12-month period ending November 2017, it reported a turnover of £36m, up 6.8% on the year before. Pre-tax profit increased 12.7% from £4.6m in 2016. In December 2017 Grocontinental, which was established in 1941, became part of the AGRO Merchants Group. Its […]
Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
Maxi Haulage achieved a record turnover of £66.3m in 2018, but warned the impact of pre-Brexit stockpiling on its Irish operation will hit its current year’s trading.