Connect Group targets return to profit for Tuffnells; puts £35m of property up for sale

Tuffnells Parcels Express

Tuffnells owner Connect Group has put property valued at up to £35m on the market as it revealed that it was targeting second half return to profitability for its irregular freight business. Connect Group, which also owns Smith News, saw annual profit nosedive by 200% last year after a failed restructuring of the business by the previous management team. In the 19 weeks to 12 January 2019, it said it had made good progress with its turnaround plan, which has […]