DSV Road saw its profit increase by more than a fifth last year, driven by a 7.3% increase in turnover. In its latest financial results, the freight forwarder, haulier and supplier of supply chain services reported turnover of £193.9m in the year ending 31 December 2017 in the UK, up from £180.7m the previous year. Pre-tax profit increased by 21.1% to £9.8m (2016: £8.1m). It put the rise in turnover down to an increased focus on new business and retention […]
Lloyd Fraser said it was in a strong financial position with healthy cash reserves after reporting a 3.4% increase in turnover last year.
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.