Contract changes and one-off project costs contributed to Gist’s annual profit plunging by more than half last year, according to the firm’s latest results. Whilst the food, networking and contracts logistics business saw turnover rise 4.8% to £437.3m (2016: £416.6m) in the year to 31 December 2017; its pre-tax profit fell 50% to £8.8m (2016: £17.7m). In its strategic report to the accounts, the company, which counts M&S, EAT and Starbucks among its clients, attributed the downward profit spiral to […]
Gist has won one new contract and extended another with retailer Morrisons and flower supplier Dutch Flower Group respectively.
Customers’ willingness to shake up the status quo will stand Wincanton in good stead whatever challenges lie ahead, according to its boss.
C Butt is seeing an “important turnaround” in its fortunes this year after winning new business and expanding existing partnerships, according to joint MD Jonathan Butt.