Howard Tenens Logistics made £36.4m of revenue in its first six months


 

Newly-formed Howard Tenens Logistics generated £36.4m in turnover in its first six months of trading, following a restructure of the group that saw it hiving off its property and distribution divisions. In the year ended 30 September 2018, the warehousing and logistics company also reported a pre-tax profit of £298,000, resulting in a 1% margin that provided an increase in shareholders’ funds of £491,000. Howard Tenens Logistics was incorporated in November 2017 and on 1 April 2018 it acquired the […]