Tradeteam turnover falls as on-trade volumes decline


 

DHL Tradeteam saw its revenue and profit fall in 2011 as customers’ thirst for drinking in pubs, clubs and restaurants diminished. For  the 12 months ending 31 December 2011 turnover at the drinks distributor fell to £160.3m (2010: £172.2m), while pre-tax profit also fell from £12m to £11.1m. A spokeswoman for DHL says: “Tradeteam continues to face challenging market conditions as pubs continue to close, and overall on-trade volumes continue to decline. “As a result Tradeteam took the decision at […]