John G Russell (Transport) forecasts further growth after profits spike


 

John G Russell (Transport) said it had benefitted from months of empty roads over the last year, which helped boost fleet productivity, fuel consumption and would result in strong financial results. MD Alan Poulton was commenting following publication of its results for the year ending 31 March 2020, which showed that the Scottish multimodal operator increased revenues to £68.7m during the period (£68.1m). Pre-tax profit increased by 39% to £7.4m (£5.4m). Poulton said that during the 2019/20 trading period it […]