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Good year for Beer
Page 6
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DOVER OPERATOR Mike Beer Transport boosted its pre-tax prof its and turnover in the year to January 2005. Pre-tax profits climbed to £464,012 from E394,113 the year before, on sales of £9.5m -up from £8.7m.
MD Mike Beer says: 'We had a good year. We picked up three or four new contracts and kept costs under control. Our margin was about 4.8%, which we achieved by keeping costs down and increasing turnover."
The company, which employs 80 staff and runs 56 trucks, has also boosted prof its through its Pall-Ex membership, says Beer.
The next set of company results are expected to show a further rise in prof its and sales, with a projected turnover close to £10.3m.
MBT Direct, the company's pan-European express-delivery subsidiary, has already clocked a turnover of £400,000 since its launch in April.
Mike Beer Transport was named Haulier of the Year in September's Motor Transport awards.