Turnover at Boughey Distribution fell during the first half of its current financial year, after the loss of a customer was not offset with enough new business. In a statement issued today by parent company NWF Group covering the six months ended 30 November 2012, it was revealed that turnover at Boughey Distribution fell 17.5% to £18.9m (2011/12: £22.9m). Boughey Distribution was hit particularly hard by the loss of a contract with AB World Foods in the period, which caused […]
Norbert Dentressangle’s logistics business saw a 4% increase in turnover during the first half of this year, with growth in the division likely to continue in the second half.
Boughey Distribution parent NWF Group has revealed that its pre-tax profit fell by a third, despite a 16% increase in revenue. Revenue rose to £540.2m for the year-ending 31 May, up from £463.8m 2011. However pre-tax profit dropped to £5.1m, compared to £7.6m in the previous financial year. Chief executive Richard Whiting says: “NWF has delivered a profit in line with the board’s expectations and has been successful in reducing debt further than expected.” Fuel division NWF Fuels continues to […]