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 […]
There is one share in transport that is having a little run at the moment. One that doesn’t do it very often. After slipping to a low of 45p on 27 March, Wincanton keeps on growing. As of this morning it hit 82.35p – that’s an 83% return on your investment. So why all the commotion?
The MT basket of transport shares continues to have a little wobble in September, but it is worth keeping in mind just how much share values of transport firms have risen in the nine months of the year so far – pointing towards a more sustained recovery in the sector.
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 […]