Boughey Distribution parent NWF Group had a stable quarter of trading over the summer as it revealed that all customers have now been relocated to its Wardle, Manchester, DC. During June, July and August NWF said that Boughey “remained stable” with the normal seasonal reduction in activity across the summer months. Its Wardle site is full, it confirmed, and the business is running at 99.7% service levels. In the previous financial year Boughey signed a number of long-term contracts, boosting […]
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…
After revealing its positive outlook for the rest of the current financial year last week, Wincanton’s continually increasing share price has hit its highest point since the MT Tracker began in January. The company updated investors that it had performed well in the first quarter of its current financial year, despite slipping container volume.
NWF Group – owner of grocery distribution specialist Boughey Distribution – has reported Q1 trading has been “marginally ahead of the same period last year with net debt reflecting the normal seasonal fluctuations”.