Fergusons Transport Issues Profit Report

FERGUSONS Transport has hailed its ‘very satisfactory’ trading figures and thanked its staff for their exceptional work that got the Cramlington, Northumberland business through the pandemic, writes Chris Tindall.
The haulage and warehousing company saw turnover increase by 17.3% to £24.5m in the year ending 30 September 2022.
Pre-tax profit also rose significantly to £477,000 from £255,000 the year before and, due to a deferred tax reversal, it reported an after tax result of £623,000.
In a review of the business, Fergusons said its warehousing arm benefited from customers requiring it to hold and handle their goods for longer as they built up their production capacity.

The post Fergusons Transport Issues Profit Report appeared first on Transport News.

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