IN BRIEF
16th August 1986, Page 14
16th August 1986
Page 14
Page 14, 16th August 1986
— IN BRIEF
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BET profits down
• BET's worldwide transport operations increased their profits on paper by 37% for 1985/86 compared
to the previous year although currency movements reduced this to 7%.
BET's haulage subsidiary United Transport International in the UK includes United Transport Tankers, United Contract Hire, United Transport Distribution and Econofreight Heavy Transport.
UT1 as a whole was hit by Sterfing's strength and the decline of most of the currencies in which UTI operates, the BET annual report says.
UTI finally made a £31.2 million profit on a VW million turnover. Turnover was down £26 million on the previous year.