P & 0 slips
15th May 1982, Page 8
15th May 1982
Page 8
Page 8, 15th May 1982
— P & 0 slips
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
EUROPEAN Transport, P&C road fleet and ro-ro ferry servii reduced its national vehicle fle by 10 per cent last year, at ended with a pre-tax profit £0.2m, compared with E2m 1980.
Decline in demand for cot mercial road transport servic in the United Kingdom is one the reasons for this drop.
Gross revenue for the P8 group as £3.07bn, and increa on the 1980 total of £2.21bn.T1. rise came mostly from oil tra ing activities in the USA and ti UK and is not a true gull profitability.
Pre-tax profit dropped fro £47m to £41 m, because strikes and other industrial a tion taken during the year.
The threatened strike I Southampton docks woul further add to the group's prol lems.