Malcolm Upbeat As Profits Leap to (Pounds) 4.7m

Summary


MALCOLM Group, the logistics and construction services group, yesterday rolled out an upbeat set of financial results and said it had little fear of rising fuel prices or the new European Union directive that will limit the time its truck drivers can spend on the road.

The Renfrewshire-based company, which changed its name from Grampian Holdings in 2001 after selling the Edinburgh Woollen Mills chain for (pounds) 49m, saw turnover climb 12% to (pounds) 68.1m for the six months to the end of July.

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Malcolm Upbeat As Profits Leap to (Pounds) 4.7m

Meanwhile, pre-tax profits jumped 37% to (pounds) 4.7m - aided by the sale of the company's former headquarters in Glas...

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