Pall-Ex Group forecasts earnings over £2.5m after returning to profit in 2020


Pall-Ex Group saw a return to profit in 2020 after improving operational efficiency, building greater network coverage and being aided by a “stable” membership. Reporting its latest annual results to 31 July 2020, the group unveiled a 6% rise in turnover to £87.2m (2019: £82.2m) with a pre-tax profit of £334,000, up from a loss of £1.8m on the previous year. In its strategic report to the results, the group attributed the improved performance to Pall-Ex UK, its pallet management […]