Owens Group enjoyed yet another year of significant growth in 2018, with turnover rising 27% to £70.5m. The company said the growth follows a similar pattern to previous years and stemmed from opportunities arising from both existing and new customers. Pre-tax profit for the period ending 30 June 2018 was £1.6m (£2.2m), although gross profit was up slightly to £9m (£8.7m). In its review of the business, Owens Group said margins had been squeezed even further this year as the […]
All Severn Crossing tolls are to be scrapped by the end of 2018, the government has confirmed.
Recovery in the UK steel sector combined with new contract wins helped boost Owens Group’s turnover by more than a fifth last year.
Owens Group will be forced to close its Port Talbot depot with the loss of more than 90 jobs if Tata fails to find a buyer for the town’s steel works, MD Huw Owens has said.