Si Bargh looks outside road haulage for increased profits
Page 17

If you've noticed an error in this article please click here to report it so we can fix it.
fv1ILK AN D GENERAL haulage contractor Si Bargh boosted its pre-tax profits by 25%, from £1.6m to -Cm. in the year ending 30 April 2006. But it reports that the growth was driven hy warehousing and property -not transport.
The company, based in Caton. near Lancaster. also boosted its operating profit from 121.5m to i1.9m over the year. Managing dir,a.a or Stewart Cornthwaite confirms that the company's interests outside haulage helped improve profits, "The business environment eontimes to be challenging in relation to haulage." says Cornthwaite. "Increasing fuel prices are having a direct impact on our gross margins and continue to he a major concern.
"However, warehousng. prop erty and other investments have significantly affected our overall results," he adds.
The company says it is the largest independent milk haulier in the North-West,with 53 vehicles on the road.Starting out in milk haulage in 1935, the company subsequently moved into general haulage.
Customers include Aria Foods, I lydro Chemicals and late &Lyle.