Somerset’s Peter Green Haulage said a focus on fleet utilisation and reducing high fixed costs helped boost turnover by more than 10% last year, to £17m. The Shepton Mallet temperature controlled haulier also increased its pre-tax profit by 54.2% to £637,777 in the year ending 31 December 2019. In its business review the company, which holds a standard international licence for 69 HGVs and 69 trailers out of three depots, said it was optimistic that its continued focus on utilisation, […]
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]
The sale of its Palletforce shares after the purchase of the pallet network last year by EmergeVest sent Farrall’s’ profit soaring in 2015.