The Pallet Network hails acquisition by ESL as opportunity to drive growth


 

The Pallet Network (TPN) has hailed its acquisition by Eddie Stobart Logistics in June 2018 as a positive move which has opened the door to “accelerated growth”. Despite ESL’s continued financial turmoil, TPN revealed that it delivered turnover of £84.3m in a reporting period spanning only eight months to 30 November 2018. This compared to turnover of £107.2m for the full year to 31 March 2018, while pre-tax profit in the period stood at £3.2m (March 2017: £5.4m). In its […]