Lloyd Fraser “performing well in challenging market”


 

Lloyd Fraser Holdings said the company had shrugged off operational challenges created by the pandemic and was confident it would continue to operate profitably. Reporting results to 28 February 2021, the Rugby-based 3PL said turnover was down 31.8% at £12,610,579 compared with the previous year. Gross profit decreased by 50.2% to £1,438,008 in the period but pre-tax profit was up 15% at £1,651,845. In its business review the company said it had “performed well in a challenging market”, blaming the […]