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 ... For the full story register now for free or login below...