Pall-Ex delivers growth despite “tough” market conditions


 

Pall-Ex defied “challenging” market conditions to deliver a 31% leap in pre-tax profits and a 10% rise in member volumes last year. In its latest annual results to 31 July 2018 the pallet network, which has around 95 members, saw turnover increase by 8% to £71m (2017: £65.9m) with pre-tax profit rising by 31% to £2.5m (2017: £1.9m). The network strove to cut costs in the year, according to the results, reducing administrative costs to £7.5m (2017: £7.6m), which the […]