Laser Transport International made a £3,579 pre-tax profit last year as it continued to battle against a weak pound trading 13% lower against the euro than in 2016. The Hythe-based company reported a turnover of £17.3m for the year ending 31 December 2018, compared with the previous year’s £17.4m The company’s principle activity is worldwide transport and freight management, including aerospace haulage and it has been particularly affected by the UK’s decision to leave the EU. Its pre-tax profit was […]
Laser Transport International suffered a “savage” financial hit due to the devaluation of the pound in 2016 after the UK’s vote to leave the EU, newly published accounts show.
Falls in the value of sterling in the wake of the EU referendum have continued to hit Laser Transport International, which saw its pre-tax profit plunge by 64% last year.