The Reed Boardall Group has defied rising costs and fierce competition in the transport sector to deliver a 13% rise in underlying pre-tax profit. Reporting its latest annual results to 31 March 2019, the Yorkshire-based cold storage and distribution business unveiled a 3.85% rise in underlying turnover to £62.8m from £61.6m. The company said: “Turnover increased by 1.89% compared to the previous year but 2018 was slightly longer than 2019 due to the inclusion of an extra week. The increase […]
The level of financial standing standard O-licence holders will have to demonstrate is likely to increase in 2017, due to the drop in the value of the pound against the euro.
Ocado is to develop a fourth hub in south-east London, as the popularity of online shopping continues to drive the need for more capacity.