Reed Boardall Group saw pre-tax profit rise almost 60% last year despite “fierce competition” in the transport industry and rising fuel costs. Reporting its latest annual results to 31 March 2018, the temperature controlled logistics firm revealed a 2.3% rise in total turnover to £61.6m (2017: £60.2m) and a profit hike of 59% to £1.4m (2017: £865,921). This represented a profit margin of 2.3% compared with 1.4% a year ago. The group’s cold storage services division provided the lion’s share […]
Howard Tenens Storage & Distribution saw a 20% drop in pre-tax profit last year after it lost customers at two of its depots.
NWF Group saw its half-year pre-tax profit leap by 26% after landing a major new food distribution contract and buying another three fuel distribution operators.
Arcese UK reported a £2.9m increase in turnover last year, but profit slid further into the red, with the firm making a £939,000 pre-tax loss “due to increasing business costs”.