Palletline profits are ‘strong and sustainable’
Palletline has reported a pre-tax profit of just under £500,000 for the six months ending December 31,2005. Its unaudited turnover was £4.2m.
Palletline’s managing director Glyn Jones says: ‘We are particularly pleased to see this return to strong and sustainable profits after a tough last year.
“We have radically reduced our cost base by consolidating operations into our extended Tyburn Road site. Throughput has now begun to improve and there are signs that the performance we have seen in the first half of the year will be replicated in the second half.”
Palletline has 58 member companies across the UK.
APPOINTMENTS: Ian and Liz at centre of hub
Birmingham Post, First, Sec. Features, p 23 01-21-2006
Palletline, the pallet distribution network, has strengthened the team at its main Birmingham hub with two new senior appointments. Ian Ridsdale is the company’s new health and safety manager.
Liz Nicholson has been appointed commercial development manager.
She has previously worked for TNT Express, Bonds Worldwide Express, MPC Logistics and, most recently, Amtrak Express Parcels where she was national account manager.
Glyn Jones, managing director of Palletline, said: “These two appointments reflect the importance of health and safety as well as the promotion of the Palletline brand.
“We are delighted to have secured individuals of the calibre of Ian and Liz.
“Both are already working hard on major new projects and we are confident that they will play a vital part in our ongoing growth and success.”
