Fowler Welch boosted revenue 6% to £152.4m for the year ended 31 March, with pre-tax profit up to £3.9m, from £2.6m the previous year. The FMCG specialist downsized its container division in the period, with the closure of its Felixstowe site. It now runs a smaller operation from its site in Alconbury, Cambridgshire that has seen an improvement in miles per truck. It has also reduced its number of tractor units. Performance was boosted at its 50,000 pallet ambient consolidation […]
A combination of improved productivity and reconfigured warehousing space helped Fowler Welch improve its profit margin in the six months ending 30 September. While parent Dart Group did not break down the profit performance of its transport and distribution arm, it did reveal that turnover for the period rose 8% year-on-year to £80.3m (2011 H1: £74.2m). MD Nick Hay said: “Our operating margins are better than for the first half year of 2011/12 due to further revenue growth, improved fleet […]
Fowler Welch’s move into ambient distribution alongside its chilled business is already paying dividends as MD Nick Hay tells Steve Hobson Although Nick Hay – MD of Fowler Welch since November 2010 – has, like the firm he runs, a background in chilled distribution, he sees ambient markets as far more happy hunting grounds. As Stobart’s withdrawal from the chilled market demonstrates, this has become a price-led commodity business where operators struggle to make money.