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Jan 11, 2008

TRUCKING INDUSTRY NEWS * UK - 60 per cent profits leap

Cumbrian trucking giant Eddie Stobart has clocked up a whopping 60 per cent rise in profits

Cumbria,UK -News & Star, by By Matthew Legg -10 Jan 2008: -- ... The firm recorded pre-tax profits of £5.6m in the 12 months to February 2007 – before last year’s historic merger with property firm Westbury and its subsequent stock market listing... Turnover also saw a healthy increase of 25 per cent to £168.9m... Last year’s merger saw Stobart’s road transport operation combine with Westbury’s rail and sea freight interests. The company also acquired O’Connor Transport...

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