John Raymond Transport increases 2020 turnover by 40%


 

John Raymond Transport ended 2020 with a 40% increase in turnover, according to its latest available financial results. Revenue for the Welsh haulage firm was £20.8m, up from £14.9m the year before. Pre-tax profit also increased, by 1.9% to £811,000. However, the company acknowledged that the gross profit margin had fallen by 3.4% to 10.8% during the period. “Whilst the current economic outlook is uncertain the directors are optimistic about the future of the company and expect the company to […]