CM Downton achieved a record turnover in the year it was acquired by EmergeVest for £75m, although costs associated with the deal weighed on the firm’s annual profit. In the year to 30 June 2018, turnover increased 9% to £127.3m (2017: £116.8m) accounts filed at Companies House show. An increase in administrative costs connected to March’s sale to EmergeVest resulted in pre-tax profit for the period standing 45% lower at £2.8m (2017: £5.1m). Recently installed MD Duncan Eyre told motortransport.co.uk: […]
EV Cargo Global Forwarding has announced significant growth during 2019 and introduced cost reduction measures to ensure sustainable trading during the first half of 2020.
CM Downton has continued its winning streak, securing a three-year contract extension worth £12m with aluminium extrusion producer Sapa Profiles UK.
CM Downton has bought 10 new Cartwright trailers to support growth on its long-running Saica Paper contract.