Logistics Development Group (LDG) – formerly Eddie Stobart Logistics – said it had been a “broadly productive year” after releasing figures showing it had returned to the black with a £19.8m pre-tax profit.
The company, which now acts as an investment firm, said it now hoped to enter a period of calm after a busy 13-month period to 31 December 2024 saw it reverse a £10.7m pre-tax loss the previous year.
LDG invests in a range of sectors, including logistics and distribution.
Its portfolio currently consists of three holdings, of which Finsbury Food Group is the largest and reported revenues during the period of £452.4m.
Its other investments include pan-European digital services group SQLI and Alliance Pharma.
Warrington-based LDG changed its name in 2021; at the time, chairman Adrian Collins said the move marked a transition to a growth-focused investment vehicle and helped set itself apart from the Eddie Stobart business.
