‘Operational flexibility’ helps Palletways cope with Covid and boost profits by over a third


 

Palletways is the latest network to report increases in revenue and profits in a year ravaged by Covid-19, driver shortages and Brexit fallout. The palletised goods service saw turnover increase by 14.8% to £220.8m in the year ending 30 June 2021. Pre-tax profit soared by 35.5% to £23.2m. In a review of its business, the network said volumes had improved significantly during the trading period as the company recovered from the initial impact of the pandemic and restrictions were eased. […]