The group behind Yodel and ArrowXL saw a near £60m profits swing during its latest financial year to return to the black, newly filed accounts have revealed.
Logistics Group Holdings, which is owned by the billionaire Barclay family, has posted pre-tax profits of £17.6m for the 12 months to June 30, 2021, a rise from the £41.8m loss it reported for the prior year.
Its revenue also surged from £520.6m to £676m over the same period.
