Rhenus improves margins despite “extremely challenging” year


Rhenus Logistics managed to increase turnover and profit last year in the face of an extremely challenging period. Revenue rose by 1.6% to £11.4m for the year ending 31 December 2020, with pre-tax profit increasing by 36.2% to £872,000. Turnover from its transport business dropped slightly to £6.1m during the period, compared to £6.2m in 2019. Warehousing and storage accounted for £5.4m (£5m). Read more Rhenus secures fourth warehouse on Magna Park Rhenus slashes Swoon delivery failures under new two-man […]