CM Downton enjoyed a successful first full trading year since being acquired by EmergeVest, with profits growing by more than 90%. Latest financial results for the Gloucestershire headquartered logistics firm show that for the year ending 30 June 2019, it made a pre-tax profit of £2.17m – a significant increase from 2018’s £1.14m. Turnover grew by 4.8% to £117.46m. In its review of the business, the company said the growth in revenues was driven by new contract wins, growth of […]
Price increases and a rise in parcel volumes have contributed to Royal Mail Group’s continuing rise in annual profit and turnover, the firm said today.
Paul Day, MD at Turners (Soham), has described the group’s purchase of hazardous logistics specialist Lewis Tankers last month as being “all about growth”.
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.