Boughey Distribution has completed the transfer of customers from its Deeside warehouse to its facility in Wardle, Greater Manchester. The streamlining of its network has been in the works since August in a bid to reduce trunking and keep capacity high in the North West. The Deeside depot remains as an overflow facility with staff transferred to Wardle. In a trading update for investors issued today, parent NWF Group said “Food [Boughey] has performed as planned with the completion of the […]
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 […]
Kuehne + Nagel last year boosted both profit and turnover, globally and in Europe, through a combination of winning new business and restructuring.