1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182 
Turnover up but
Page 16
If you've noticed an error in this article please click here to report it so we can fix it.
profits fall at TDG
TDG BOOSTED its first-half turnover by 26% to more than £300m but pre-tax profits fell.
Pre-tax profit fell from £5.7m in the first half of 2006 to £4.4m on a turnover of £319m; the interim dividend held steady at 5.25p per share.
The company does cite one business highlight for the first half of 2007: the purchase of Doman in Spain for £20.1m, which has already contributed £700,000 to pre-tax profits.
David Garman,TDG chief executive, says: "The results reflect the continuing progress in our chemicals division and in our specialised logistics activities generally, reinforcing confidence in our strategy to develop positions of strength in specialised sectors."
In April TDG announced its intention to reorganise the group into a chemicals division and a contract logistics division including all the group's non-chemicals business.