WH Malcolm pre-tax profit falls 35% amid weaker market demand

WH Malcolm pre-tax profit falls 35% amid weaker market demand

WH Malcolm reported a 35% fall in pre-tax profit last year as weaker demand across the logistics and construction markets hit turnover, writes Carol Millett. The transport and construction business, part of the family-owned Malcolm Group, recorded pre-tax profit of £12.2m for the year ended 31 January 2026, down from £18.8m in the previous financial year. Turnover fell by 13.6% to £211.3m, compared with £244.5m in 2024/25, reflecting subdued dom…