CM Downton profits nearly double after EmergeVest takeover


 

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 […]