NWF Group’s chief executive has praised the company for its “strong” performance in the face of Brexit, Covid-19 and a cyber-attack – despite a fall in both revenue and pre-tax profit. Reporting its annual results for the year to 31 May 2021, the specialist distributor of fuel, food and feed revealed that revenue fell by 1.7% to £675.6m (2020: £687.5m) with pre-tax profit declining 10% to £10.8m (2020: £12m). Despite these falls the group, which operates a fleet of 154 […]
As we know, the government plans to end the sale of petrol and diesel powered cars and vans by 2030. Provided the industry can produce enough electric vehicles by then, there seem to be few barriers to ensuring the date is met. It’s a different story where heavy trucks are concerned though and diesel powered vehicles are likely to still be keeping us supplied after 2030.
Davies Turner & Co has increased turnover and pre-tax profits despite “tough trading conditions” last year, according to its latest annual results.
Knowles Transport faced down “one of the most challenging periods” ever faced by the industry to report a 24% increase in pre-tax profits last year.