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Category: profit

ArrowXL returns to profit aided by shift to e-commerce during pandemic
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ArrowXL returns to profit aided by shift to e-commerce during pandemic

James ShukerJune 21, 2022
Two-person delivery and installation specialist ArrowXL has returned to the black after two years of losses, boosted by soaring online demand for garden, home office and gym equipment and a...
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Simon Gibson Transport defends 2020 profit slump
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Simon Gibson Transport defends 2020 profit slump

James ShukerJanuary 21, 2022
Bulk powder distribution specialist Simon Gibson Transport saw revenues slide by almost a quarter in 2020, but it described its performance as “impressive” and hailed its high quality service. The...
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UPN revenues up 4% in “landmark” financial year
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UPN revenues up 4% in “landmark” financial year

James ShukerJanuary 7, 2022
UPN said its 2020/21 trading period was “a landmark year” after revenues rose by 4% to £10.3m. Latest figures for the pallet network, for the year ending 31 March 2021,...
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Lloyd Fraser “performing well in challenging market”
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Lloyd Fraser “performing well in challenging market”

James ShukerDecember 22, 2021
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,...
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APC profits boosted by ‘structural shift to business’
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APC profits boosted by ‘structural shift to business’

James ShukerDecember 2, 2021
Turnover at The Alternative Parcels Company (APC) grew by almost a fifth last year after the pandemic led to a parcel volumes “surging” and home delivery became the choice for...
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Palletforce reports record 2020 volumes as revenues soar
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Palletforce reports record 2020 volumes as revenues soar

James ShukerNovember 22, 2021
Palletforce said investment in capacity, infrastructure and technology helped it deliver record distribution volumes during 2020. Revenue for the year ending 31 December 2020 increased by £19.5m to £136.6m (2019:...
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Malcolm Group blames Covid for dip in revenues
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Malcolm Group blames Covid for dip in revenues

James ShukerNovember 5, 2021
Malcolm Group saw revenues fall 12.9% in the year ending 31 January 2021, after both its logistics and construction services and waste management divisions were impacted by the pandemic. Turnover...
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Gist rebounds from pension scheme woes to report £33m profit
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Gist rebounds from pension scheme woes to report £33m profit

James ShukerOctober 15, 2021
Gist reported a £33m pre-tax profit in 2020, bouncing back from a loss the previous year caused by £28.5m in costs incurred due to the closure of its pension scheme...
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Kerry Logistics shrugs off Covid as 2020 profits soar
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Kerry Logistics shrugs off Covid as 2020 profits soar

James ShukerOctober 7, 2021
Kerry Logistics increased its pre-tax profit by more than 70% in 2020, despite a “very challenging and turbulent year”. The Manchester-based 3PL and freight forwarder said the pandemic resulted in...
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Eddie Stobart holding company cut losses to £15m and debts to £144m ahead of sale to Culina Group
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Eddie Stobart holding company cut losses to £15m and debts to £144m ahead of sale to Culina Group

James ShukerJuly 12, 2021
Eddie Stobart’s holding company GreenWhiteStar Acquisitions (GWSA), which was sold to Culina Group last week, made a £15m loss last year and had net debts of £144.5m. In its recently...
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