John Raymond Transport increases 2020 turnover by 40%

John Raymond Transport increases 2020 turnover by 40%
 

John Raymond Transport ended 2020 with a 40% increase in turnover, according to its latest available financial results. Revenue for the Welsh haulage firm was GBP20.8m, up from GBP14.9m the year before. Pre-tax profit also increased, by 1.9% to GBP811,000.

However, the company acknowledged that the gross profit margin had fallen by 3.4% to 10.8% during the period. “Whilst the current economic outlook is uncertain the directors are optimistic about the future of the company and expect the company to […][1]


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References

  1. ^ John Raymond Transport increases 2020 turnover by 40% (motortransport.co.uk)
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