CEVA Logistics saw its turnover fall by 10% last year due to the non-renewal of existing contracts. However, figures published for the year ending 31 December 2019 showed that the logistics company increased pre-tax profits by £7.7m to almost £10m. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to £21.8m from £15.5m in 2018 and the company said the improvements were driven by “a decreased cost base and improved financial controls”. In its strategic report, the company explained that […]
Viridor, the refuse and recycling operator, saw its turnover boosted by an acquisition spree last year, but profit fell as growth in recycling failed to offset a fall in landfill volumes. Viridor bought JWS Churngold for £14.25m in November 2011, having purchased Storm Recycling in June of that year and In January 2011 Veolia’s trade waste collection interests in Cornwall and North Devon and its industrial and commercial collection interests in Devon and Somerset. The company, which now makes half […]
A partnership between Menzies Distribution and UK Flooring Direct, launched a week into the Covid-19 pandemic lockdown, has proven its ability to adapt to challenging circumstances.
The RHA’s claims of a “breakthrough” in its talks with ministers for extra support for the industry may come too late for many, as its own survey reveals thousands are now at risk of going bust.