R Swain & Sons defied adverse weather conditions to boost turnover by almost a third and pretax profit by close to three quarters last year, helped by its acquisition of Express Freight in June 2018. In its annual results to 31 December 2018 the family firm, which is based in Medway, Kent, announced a 32% rise in turnover to £65.4m (2017: £49.7m) and a 73% uplift in pre-tax profit to £1.9m (2017: £1.1m). R Swain & Sons, which is based […]
Turnover and pre-tax profit at Royal Mail Group continued to climb last year, despite increased competition in the parcels sector and declining letter volumes.
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.
Fowler Welch saw turnover climb 6% to £178.7m in the year to 31 March, although annual profit was pegged back due to operational inefficiency at certain depots.