SEAFIELD, the warehousing, transport and distribution group, has returned to the black. Preliminary results, announced by the group, show a pretax profit of £192,000 sterling in 1996 compared with a loss of £3,613,000.

Chairman, Mr Peter Duffy, noted that the results included the benefits of the actions taken in recent years to dispose of noncore businesses and to reduce borrowings. The profit was recorded after a loss of £77,000 on the disposal of business, so the underlying trend is somewhat better than what is apparent from the raw figures. A further recovery is anticipated. While the transport sector is experiencing very competitive conditions, the warehousing side is performing well.