Turnover growth forecast

June 10, 2013

South Wales-based Hicks Logistics aims to increase its turnover by a third by expanding into warehousing. It has acquired a 20,000 sq ft unit and forecasts that its current turnover of £7.5 million will rise to around £10 million.

Terry Hicks, managing director, said: The expansion into offering warehouse services has been driven by demand from our customer base. It broadens the range of services we can offer and will support the growth of the business.