European Cargo: grounded by financial pressure and an unforgiving market
European Cargo’s collapse appears to have been driven by a combination of rising operating costs, ...
Look at the one below.
Let’s consider that the numbers included in the table above and associated to bad debt, provisions, restructuring costs and other one-off items would be easy to swallow if it were business as usual for WFS. But it’s not, despite the headline growth figures.
The group yesterday said: “WFS reported a revenue increase of 8.6% year-on-year in Q3 2019 to €358.4m, from €330.1m in Q3 2018. The reported revenue increase included a €9.2 million positive FX impact, which mainly ...
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