Clugston Distribution’s focus on new markets sees much improved results


 

Clugston Distribution Services’ diversification strategy paid dividends last year, with the firm’s focus on expanding its market presence in fuels, bulk foods, ash powders and intermodal work throughout 2013, contributing to its robust financial performance. For the year ended 31 January 2014, the Scunthorpe-based bulk distribution specialist boosted revenue by 21% to £13.2m from £10.9m, while slashing its pre-tax loss by 64% from £774,000 to £276,000. As well as strong growth from its market and customer base diversification, Clugston revealed […]