Start up problems with a “restaurant chain” contract played a “significant” role in a 95% plunge in DHL Supply Chain’s profit last year. According to the company’s latest annual results to 31 December 2018, pre-tax profit plummeted in the year to £3.9m – down from £79m the year before. In its strategic report to the results DHL Supply Chain, which is owned by Deutsche Post, said that “the business experienced a number of one off items in 2018, including issues […]
Kuehne + Nagel says it is on track to reach its goals for profitable growth, despite a slip in turnover and EBITDA in its road and rail business.
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.