Knowles Transport bounces back after addressing problems at Wisbech DC

Knowles Transport

Knowles Transport has returned to profit after securing two major deals, undertaking a management restructuring, and introducing tighter financial controls while resolving operational problems at its Wisbech DC. In its latest set of annual results to 31 December 2018, filed this week at Companies House, the Cambridgeshire-based operator revealed a major turnaround, with turnover up 6% year on year to £32.1m (2017: £30.4m) and a pre-tax profit to £1.5m compared with a loss of £4.4m in the previous year. Speaking […]