DSV Road saw both turnover and profit growth slow last year due to the rising costs of goods and services. Reporting its latest financial results for the year to 31 December 2018, the company which specialises in freight forwarding, haulage and supply chain services, revealed a 1.5% rise in turnover to £196m (2017: £194m) compared with growth of 7.3% a year earlier. Pre-tax profit was up 6.1% to £10.3m (2017: £9.8m) compared with a 21% leap in the same period […]
Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]
Fuel efficiency increases from its Euro-6 fleet boosted CM Downton’s pre-tax profit last year.
Pallet-Track said an initial impact on its sales volumes during the first two months of lockdown in March had been reversed and its activity levels were already exceeding original forecasts.