Browsing: turnover decline News
The downfall of SL Transport highlights the severe impact of inflation on businesses, with an astounding loss of over £200,000.SL Transport commenced operations in 1991, providing…
Kuehne + Nagel faced significant financial hurdles in 2023. The company’s turnover and pre-tax profit saw substantial declines, attributed to external economic factors.Turnover dropped from £2bn…
Legal & General is strategically winding down its modular business amidst financial challenges.The company reported a reduced pre-tax loss of £61.1m for 2023, contrasting the previous…
The recent financial disclosures from RBG Holdings have cast a shadow over its share price, delivering a stark 45% plunge.In early trading, this decline was catalysed…
Triton Construction, despite a downturn in turnover, has reported a significant increase in profit for the financial year ending 31 March 2024.The company’s turnover experienced a…
Bouygues is facing intensified financial strain due to escalating building-safety liabilities and subcontractor failures.The French contractor reported a pre-tax loss of £62.1m for 2023, significantly higher…
Speedy Hire faced significant financial challenges last year, marked by a noticeable decline in pre-tax profits exceeding 50% amid a slight decrease in turnover.The company’s revenue…
Murphy & Sons demonstrated remarkable financial resilience in 2023, despite a decline in revenue.Operating profit surged by 57%, reaching £71.7m, indicating strong fiscal management.The company’s overall…
The transport and storage sector is experiencing a challenging recovery period, with significant turnover declines for many firms.According to Office for National Statistics, 12% of businesses…
Currie European Transport experienced a £3m drop in turnover last year due to lower fuel surcharges as diesel prices steadied.The company’s revenue decreased by 8.8% to…
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