2004 Renault Premium 420 CDI Euro-3 tractor: Laurie Dealer's Used Truck of the Week
Laurie Dealer's 'used truck of the week' is...
This week it's a Renault Premium 420 CDI Euro-3 tractor registered in 2004 on a 04-plate. Privilege high roof sleeper, electric windows/mirrors, full air kit, manual gearbox, price is on application.
The dealer is Junction 6 Commercials in Birmingham.
Job's a good 'un.
AKW Group 'holds its own' in 2010
Manchester's AKW Group "held its own" in tough economic conditions, according to director Tony Worthington, as its latest results reveal profits fell by just £33,000 last year.
Turnover for the group in the year ending 30 June 2010 was almost £16m, down by just 1% on the previous year, with pre-tax profits broadly static at £419,290 compared with £452,059 in 2009.
However, the company says the reduced turnover was due in part to a fall in revenue for its World Freight Centre business following the end of a three-year fixed contract managing a separate warehouse on behalf of a client while a rebuilding project was completed.
The group's transport and distribution arm, AK Worthington, saw its turnover increase by 1% to £8.8m during the period.
A statement from the directors says the group's board will continue developing and widening its client base and the services it offers, adding: "Since our year-end we are pleased that another major food industry company has signed a contract for storing food-based products in one of our BRC-accredited warehouses.
"Although the market continues to be volatile our services and reputation is supporting us in achieving new business."
The directors blame the cost of diesel and low margins for creating very tough trading conditions in the industry before concluding: "The net worth of the company has increased to £2.37m, which is an important factor for our staff and any new and existing customers to know we have strength on the balance sheet to enable us to invest further in growth and services."