Interim results for Eddie Stobart Logistics (ESL) show that the troubled firm made a loss before tax of £199.8m in the six months ending 31 May 2019. The consolidated results had been delayed following an announcement by the company in August 2019 that work was being undertaken “to clarify the impact of certain accounting-related items”. The results show that although ESL increased revenues by 26% to £421.3m compared with the six months ending 31 May 2018, profits slipped deeper into […]
Employment costs hit Meachers Global Logistics’ profit last year but the Southampton-based company has deeper concerns about Brexit, according to its chairman.
Knights of Old has said it expects to “reap the benefits of larger economies of scale”, after a full year of trading incorporating its 2013 acquisition of AE Parker saw pre-tax profit and turnover rise.
UPS rallied last year after seeing a fall in both pre-tax profits and turnover in 2019, according to its latest annual results.