Despite the tough economic climate opportunities exist for well structured and focused medium sized hauliers, according to David Inglis, former MD and chairman of Fowler Welch. Having been one of the original shareholders in Fowler Welch, Inglis saw the company achieve it first £1m turnover and believes the key to success is hands-on management, tight cost control and a relentless pursuit of operational excellence. The operational flexibility that smaller/medium size business can offer can set them apart from the world […]
Pre-tax profit at Fowler Welch rose 12.8% last year, as a result of improved vehicle efficiency, new business wins and volume growth from existing customers.
Fowler Welch saw turnover increase during the first half of this year after taking over transport operations at Dairy Crest’s Nuneaton NDC in 2016.
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 […]