Pall-Ex enjoys surge in profit after restructuring business model


Pall-Ex Group said its decision to invest in its people and technology helped boost turnover by 35% last year. The group said revenues had increased to £117.6m in the year ending 31 July 2021 and partly contributed to a 52% rise in gross profit to £16.6m. It said the main driver of the increases was the improved performance of Pall-Ex (UK), where turnover increased by 20% to £92.1m and pre-tax profit was £1.9m. It said lockdowns and capacity constraints during […]