Somerset haulier increased turnover and profit in 2019

Somerset’s Peter Green Haulage said a focus on fleet utilisation and reducing high fixed costs helped boost turnover by more than 10% last year, to £17m.

The Shepton Mallet temperature controlled haulier also increased its pre-tax profit by 54.2% to £637,777 in the year ending 31 December 2019.

In its business review the company, which holds a standard international licence for 69 HGVs and 69 trailers out of three depots, said it was optimistic that its continued focus on utilisation, strengthening key partners and improving volumes would improve results this year too.

It added: “The Covid pandemic provided further opportunities for the company, particularly for the warehouse division with multiple new business enquiries received.

“A small drop in demand for transport services was experienced and the business reacted quickly, reducing requirements from subcontractor companies, thus allowing margins to be maintained.”

Peter Green Haulage provides a daily pallet distribution service across the UK and Ireland, as well as services to France, Spain, Portugal, Germany and the Benelux countries.

The post Somerset haulier increased turnover and profit in 2019 appeared first on Motor Transport.

Somerset’s Peter Green Haulage said a focus on fleet utilisation and reducing high fixed costs helped boost turnover by more than 10% last year, to £17m. The Shepton Mallet temperature controlled haulier also increased its pre-tax profit by 54.2% to £637,777 in the year ending 31 December 2019. In its business review the company, which holds a standard international licence for 69 HGVs and 69 trailers out of three depots, said it was optimistic that its continued focus on utilisation, […]
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