Devereux blames fatal accident and rising fuel costs for slide in profits


 

Devereux Transport and Distribution increased sales by 6.4% last year, but profits dipped into the red after the Billingham-based firm settled an HSE fine following a fatal accident. The company reported revenues of £13.9m for the year ending 31 March, an increase of £835,000 on the previous year’s results. Gross profit was £1.9m; however, it […]