Rhenus improves margins despite “extremely challenging” year

Rhenus improves margins despite

Rhenus Logistics managed to increase turnover and profit last year in the face of an extremely challenging period. Revenue rose by 1.6% to GBP11.4m for the year ending 31 December 2020, with pre-tax profit increasing by 36.2% to GBP872,000. Turnover from its transport business dropped slightly to GBP6.1m during the period, compared to GBP6.2m in 2019.

Warehousing and storage accounted for GBP5.4m (GBP5m).

Rhenus secures fourth warehouse on Magna Park Rhenus slashes Swoon delivery failures under new two-man […][1]

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  1. ^ Rhenus improves margins despite “extremely challenging” year (motortransport.co.uk)
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