Abbey Logistics returns to profitability thanks to “back to basics” strategy


 

Road tanker company Abbey Logistics is back in the black, delivering a pre-tax profit of £2.76m, after losses of £1.26m last year, as it continues to focus on its core markets. The company, which recently landed a £3m a year bulk liquid contract with an alternative fuel manufacturer, is predicting a similar trajectory this year, estimating a turnover of £68m in 2022. Reporting its latest annual results to 3 July 2021, Abbey Logistics said it has seen a 2% rise […]