Temperature controlled supply chain specialist Nagel Langdons saw its turnover increase by 11% year-on-year, but its margins contract slightly as it sought to maintain service levels for customers.
For the year-ending 31 December 2014 turnover rose at the MT Top 100 firm to £94.2m, compared to £85m in the previous year.
Pre-tax profit, however, fell slightly to £4.2m from £4.4m in 2013. It follows a 15% rise in turnover between financial years 2012 and 2013, and a 55% rise in pre-tax profit in the same period.
MD Arran Osman told Motortransport.co.uk that he was reasonably satisfied with the results, which he said would allow the business to continue with forthcoming investments and initiatives in capital projects, alongside colleague and customer development.
“We are pleased with the customer perception of our service quality and capabilities, which alongside the experience of working at Nagel Langdons is to us the most important bellwether of performance,” he said.
In the directors’ report, filed to Companies House, it said that the operator had been growing organically in recent years, and it intended to continue to grow in that fashion with a stable network of temperature-controlled depots supporting such aims.
In May 2014 it opened a new depot in Motherwell, which it had acquired for £3.1m.
