Maxi Haulage blames profits slump on pre-Brexit stockpiling


 

A prediction last year by Maxi Haulage that pre-Brexit stockpiling would hit its bottom line has proven correct after its latest financial results showed a reduction in the Irvine headquartered company’s turnover and profits. However, it also said profitable trading had been restored – until the Covid-19 crisis hit and it was forced into a temporary reduction in haulage activities. Its latest set of results for the year ending 30 September 2019 showed that the company’s revenues fell from £66.3m […]