Royal Mail’s profit warning has been met with shock by analysts who have warned that the group faces relegation from the FTSE 100 if it cannot tackle its productivity problem. In a trading update for the half year to 23 September 2018 released yesterday (1 October) the group revealed a 7% fall in addressed letters and productivity gains at just 0.1%, well short of its target of 2-3% growth. Royal Mail said the 18-month labour dispute that ended in January […]
The Brit European group of companies made its first profit in three years in 2016, newly published accounts show.
Scottish multimodal operator John G Russell boosted pre-tax profit by 8% last year despite suffering from floods, sluggish rates and disruption on cross-channel routes.
Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes.