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Busy Nightline

16th March 1985, Page 8
16th March 1985
Page 8
Page 8, 16th March 1985 — Busy Nightline
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NIGHTLINE, Lex Wilkinson's guaranteed next day parcel service, dramatically increased its volume of business last year, but Lex Wilkinson's overall profit fell.

Lex Wilkinson group managing director Colin Milibanks said that Nightline volume grew by 140 per cent, and extended its range of services.

At the same time, Nightline claims that its consignments had a 99.1 per cent success rate during 1984, giving the service the highest level of delivery reliability in the market.

Nightline, along with four other services Expressline, Systemline, Homeline and Emeraldline come under the umbrella of Lex Wilkinson.

But despite Nightline's acclaimed success, Lex Wilkinson as a whole suffered a reduction in profit last year. Although individual delivery service results are not given, Lex Wilkinson group managing director Colin Millbanks said that while overall company turnover increased in 1984, there had been a reduction in profit.

This was caused by the competitive nature of the market place and the "cost implications of product development and launch", he said.

He added that Lex Wilkinson was expecting to achieve a "significant increase in profit in 1985".

• Lex Service, Lex Wilkinson's holding company, has announced a pre-tax profit for 1984 of a record £46.8m.

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