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Fuel course helped Lambed cut costs Thieves put DIVERSIFICATION AND
Page 15
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rigorous cost control are cited as factors in the growth in pre-tax profits achieved by Hampshire warehousing and haulage firm Lambert Brothers I foldings.
Pre-tax profits for the year ending 28 May 2005 rose t ot719,688, from £580.806 the year before,on a turnover of £9m. Operating profit rose from £412.102 to £474.654.
MD Clive Watkins says the
results reflect a good year for the company. with strong growth and extra revenue gained from warehousing activities and a new joint venture — haulage company Lambert Kirk in partnership with Macclesficld-based haulier William Kirk.
Watkins adds: "The results have been down to a lot of hard work. We've got two or three new accounts from UK manufacturers and having more than one egg in the basket has he I ped,along with a programme of rigorous cost control on wages and fuel."
While spiralling transport costs have taken their toll. Watkins says new tneasures to train staff in saving fuel consumption have paid off. Each driver takes a day-long training course based on the Safe And Efficient Driving (SAFED) standard fuel-saving exercises.
Watkins adds: The haulage industry faces a challenging year. with customers also struggling: this inevitably leads to reduced volumes of work."
The family-run firm, which trades through its subsidiary Lambert Brothers Haulage,began life in 1919 carrying freight in a Model T Ford van. It now runs a fleet of 68 vehicles from an 8.5acre site in Eastleigh. It also has 14.000m of warehousing space and is a member of Palletline,