PF Whitehead Transport Services defies pandemic to post 152% leap in profits


 

Croydon operator PF Whitehead Transport Services has hailed its staff’s resilience after profits increased by 152% during a period of multiple pandemic lockdowns. The warehousing and logistics firm reported a £1.5m pre-tax profit during the year ending 31 July 2021, up from £577,000 in 2020. Turnover dropped to £4.3m from £7.2m, but the company said it had continued to operate throughout the year and had created a safe environment for its employees with appropriate social distancing and extra hygiene measures […]