Boughey Distribution parent NWF Group saw turnover at the division drop 14.2% last year and operating profit halved, due to difficult market conditions and poor consumer spending in supermarkets. Its financial results, published today, showed that turnover at the grocery distribution business fell to £36.4m for the year ended 31 May 2013 (2012: £42.4m), while operating profit halved to £1.4m, down from £3m in 2012. Despite winning some small contracts, the business had some spare storage space and volumes remained […]
NWF Group, parent company to Boughey Distribution, has made a bolt-on acquisition for an undisclosed amount to its own-account fuel distribution business.
Boughey Distribution has completed the transfer of customers from its Deeside warehouse to its facility in Wardle, Greater Manchester.
The MT Tracker would like to pretend that it has delayed its posting by a day because it was waiting for Norbert Dentressangle to list on the NYSE Euronext stock exchange in London today (currently its market capitalisation stands at €615m – or £526.4m) but unfortunately it was the MT Awards yesterday and time just ran away…