Profit at Somerset’s Peter Green Haulage more than doubled to £1m last year, as the temperature-controlled haulier focused on fleet utilisation efficiency and reducing high fixed costs.
Turnover fell slightly to £16.9m in the year ending 31 December 2020, compared to £17m the previous year.
This was made up of almost £14m from its UK operations, £2.8m in Europe and £113,000 in the rest of the world.
In a statement signed off by the board, the company, which runs 69 HGVs and 69 trailers out of three operating centres in Shepton Mallet, Truro and Bridgwater, said: “Management are optimistic that the continued focus on utilisation, strengthening key partners and improving volumes will continue to improve results in 2021.
“The Covid pandemic provided further opportunities for the company, particularly for the warehouse division with multiple new business enquiries received.”
