Thursday 27th Oct 2016 - Logistics Manager

Profits rise 7.1 per cent at Suttons

Operating profit at Suttons Group rose 7.1 per cent to £8.4m last year, while sales were up 4.1 per cent to £154.7m.

“This last year has been positive for the group,” said chief executive officer John Sutton.

“We have increased our turnover, margin and operating profit despite challenging conditions. We have also invested significantly in both our UK road tanker and International ISO tank fleets ensuring our customers continue to receive the highest standards possible.”

“Highlights of the year include new business wins and contract extensions for our UK Tankers Division, significant progress in Asia and an important contract for our joint venture Suttons Arabia.”