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Carpet Express turns UCG round
26th September 1996, Page 11
26th September 1996
Page 11
Page 11, 26th September 1996
— Carpet Express turns UCG round
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• United Carriers Group has turned a £1.4m loss into a £750,000 pre-tax profit thanks mainly to a stronger performance by its Carpet Express subsidiary in the six months to June.
The parcels and freight network achieved volume growth of 4.2%, despite a slow start due to adverse weather condi
tions, but Mansped continued to "struggle through a difficult period" which reduced trailer movements.
However, its problems were now resolved, said chairman Doug Rogers.
He added that the full-year result would depend on the autumn period, but second-half forecasts were on target s far.