Stobart prepares for Brexit with expansion in Europe
Eddie Stobart, the Warrington-based distribution group, said it has made good progress in the year to November 30, 2017.
And it announced plans to expand its continental European business in a bid to mitigate any negative effects of Brexit.
Underlying turnover rose from £549m to £624m, while adjusted profilts before tax of £37.8m compared with £24m the previous year.
These were after exceptional items and amortisation.
Net debt was reduced from £165.5m to £109.5m.
The group declared its full year results were in l... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
