Palletways increased turnover by 4% last year, due to more members joining the network, but it warned that Covid-19 is expected to have an impact on its financial performance. Latest results for Palletways (UK) showed that in the year ending 30 June 2019, revenues for the pallet network grew to £197.9m, up from £190m the year before. Pre-tax profit fell by 18.8% to £14.9m and earnings before interest, tax and amortisation reduced by 23% to £13.6m, “reflecting the cost challenges […]
Elddis Transport’s focus on fast moving consumer goods (FMCG) has helped the family firm weather the impact of the Covid-19 pandemic and win new business, MD Nigel Cook told motortransport.co.uk this week.
DSV Road saw both turnover and profit growth slow last year due to the rising costs of goods and services.
Gregory Distribution (Holdings) arrested a profit decline last year despite being “significantly impacted” by the Beast from the East.