Latest figures show that Premier Logistics (UK) increased turnover by 2% to £10.2m as the haulier battled its way out of its Company Voluntary Arrangement (CVA). For the year ending 31 October 2019, the company also returned to the black, with a pre-tax profit of £2.3m, compared with a loss of £2m in the 10 months to 31 October 2018. It said profits were boosted by an exceptional item of £1.85m in respect of the write back following its early […]
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.
Connect Group has seen its annual profit collapse by more than 200% after a calamitous period, which saw its one time star-performer Tuffnells lose its way and attempts to restructure the group hit the wall.
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.