Stobart keeps on truckin'

Logistics firm Stobart grew revenues and profits last year despite its core Transport and Distribution operations enduring difficult market conditions.

Logistics firm Stobart grew revenues and profits last year despite its core Transport and Distribution operations enduring difficult market conditions.

Group turnover rose from £500.4m in 2010 to £551.9m in the year to February 29th 2011, while underlying profit before tax came in at £35.2m compared to £34.5m in the previous year. Diluted earnings per share eased yo 8.97p from 9.02p the year before.

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