The Potter Group's managing director Matthew Lamb says its hazardous storage business will be a significant growth market in the future. But he adds that the group will "continue to have a spread of business", citing its "large amount of work" in food ingredients distribution and developments in its rail freight arm. Lamb hopes to see the number of trains coming to and from the group's sites increase by 50%.
His comments come as the group reveals an 8% rise in pre-tax profit for the year
to April 2007, to £1.3m from £1.2m in 2006. Turnover dipped slightly to £17.7m, but Lamb says the group is "migrating from volume into higher margin business". The group is planning to extend its Droitwich, Worcs site by 7,000m2 at a cost of £2m, while a 5,000m2 build costing £1.5m has been approved for the Melmerby, Yorks depot.
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