Fowler Welch has reported a broadly static half-yearly revenue for the period ended 30 September, achieving £78.1m (2013:£78.2m), with its operating margin also holding firm at 2.7% (2013:2.7%). The company said overall operating profit fell 11% to £1.6m (2013: £1.8m) as a result of expected start-up losses at a new joint venture in Teynham, Kent, which launched in May, storing, ripening and packing stone-fruit and exotic and organic fruits. However, it added that margins were encouraging in this business, with […]
Fowler Welch MD Nick Hay has strong views on fleet replacement cycles and the switch to Euro-6 as he explains to Steve Hobson Fowler Welch runs a fleet of 400 units and 800 trailers from 10 sites around the UK. Best known as a chilled operator, it dropped the ‘Coolchain’ from its public name in 2011 as it expanded into ambient distribution and today around 30% of its revenues come from the ambient side of the business.
NFT is to replace 100 units in its fleet with Euro-6 Volvo FMs, comprising the exclusive supply of its 6×2 and 4×2 units.