TDG down
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THE TRANSPORT Development Group's 1981 profit was down Om on 1980, with pre-tax profit falling from £2 1.3 7 3m to £15.166m. Most of that drop was in the first half of the year, with the figure then falling from E12.21m to €7.02m.
The company made an operating profit of £18.27m (down from £23.95m) before interest and tax, with road haulage contributing £9.63 (down from £10.33m) to this figure. Storage made £6.63m (down from £9.51), and plant hire and other transport services made £1.14m (down from £1.68m).
TDG's reinforcement and exhibition business fell sharply from £2.42m to £0.87m.
Operating profits in the United Kingdom fell from £18.45m to £11.08m, but rose in other areas, taking European profit from £4.16m to £4.99m, Australian profit from £1.34m to £1.54m, and a North American loss of £3,000 into a £665,000 profit.