Knights of Old Group has insisted it is on course to return to operating profitability this year after its latest results showed a £1.2m pre-tax loss. It said new deals in the contract distribution sector and the acquisition of Steve Porter Transport in August 2019 will help the business return to profit. Group turnover for the year ending 31 May 2019 rose to £58.6m from £56.3m the year before. It also more than halved its losses, after posting a £2.9m […]
DX Group has sold five of its properties and taken a loan from its biggest shareholder to pay back a bank loan.
Owens (Road Services) saw pre-tax profit rise 14% last year as it invested heavily in its fleet and focused on maintaining a competitive edge.
CEVA Logistics saw its turnover fall by 10% last year due to the non-renewal of existing contracts.