Eddie Stobart Logistics (ESL) achieved a major milestone in 2018 as it spent big on transforming itself into an end-to-end transport supplier with turnover, profit and debt surging as a consequence. The company went on a buying spree following its listing on the Alternative Investment Market in 2017. It said its acquisitions: iForce, The Pallet Network (TPN), The Logistic People and Speedy Freight, had all performed strongly. This, with contract wins worth £162m on an annualised basis and growth via […]
UK Mail is anticipating a fall in both pre-tax profit and turnover for the year ended 31 March 2016 after the installation of incompatible technology incurred huge costs.
The acquisition of Framptons Transport Services by Gregory Distribution (Holdings) boosted the latter’s pre-tax profit by 25% in 2015.