Trucking group Eddie Stobart on road to profitable year
Warrington-based transport firm Eddie Stobart Logistics posted better interim revenues and profits today, with the promise of improved fortunes heading into the traditionally stronger second half.
The AIM-listed business reported a 25.3% increase in turnover of £359.3m in the six months to May 31, while last year's £7.583m pre-tax loss was turned into a £2.862m pre-tax profit this time around.
Eddie Stobart Logistics was formed when its Cumbrian-based parent sold it as a separate concern in March 2014. Stobart Group retains ... 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...