Increased competitive pressure in the moving market led to a 26.5% drop in pre-tax profits at Pickfords Move Management last year.Latest financial results for the removal company, for the year ended 30 September 2019, showed profits fell by £547,000 to £1.5m. Revenue reduced by almost £600,000 to £58.9m, with £30.3m of this being derived from UK operations and £28.5m from overseas. In its financial report, Pickfords said it operates in an industry highly influenced by the UK housing market, as […]
Connect Group saw its revenue climb 0.2% in the 20 weeks to 21 January 2017 with it parcel freight division leading the way.
UK Mail saw its highest ever daily volumes across its parcels and mail divisions in March, the firm reported in its pre-close trading update today (9 April), but would not reveal the actual numbers.
TNT Express has admitted that it is unlikely to hit its profit improvement target for 2015, following an increase in competitive pressures and poor trading conditions in Europe.