Hellmann Worldwide reaps benefits of restructure and refinancing with return to profitability


 

After a difficult period in 2016, when the future of Hellmann Worldwide Logistics’ UK operation faced an uncertain future, the business has since been restructured, refinanced and had a new management team installed. The results speak for themselves, and despite making a £1.5m pre-tax loss on UK turnover down 5% to £80m in 2020, this was a substantial reduction on previous years and the business was profitable in Q4 2020 and Q1 2021. Hellmann UK MD Markus Fellmann, pictured, tells […]