Jempsons profit doubles after share sale

摘要

John jempson and Son saw profit more than double in 2015, boosted by the sale of its Palletforce shares. Palletforce was acquired by Emerge Vest in a £30m deal last August, which saw the pallet network's haulier members sell their shares as part of the change in ownership. Jempsons' annual results to 31 December 2015 show pre-tax profit up to £679,475 (2014: £300,261) following an injection of £356,040 into the company's coffers after it sold its Palletforce shares. Turnover at the Rye, East Sussex, haulier rose to £12m (£10.6m). In its most recent accounts filed at Companies House, MD Mark Chamberlain said the directors were "more than satisfied with the company's performance given the difficult trading conditions under the current economic climate".