Boughey Distribution has seen turnover and profit boosted in the past six months following the consolidation of its Deeside operation into its site at Wardle, Greater Manchester. Parent NWF Group revealed in its half-year results, for the period ended November 2014, that operational efficiencies had been delivered as the business no longer had to carry out trunking journeys and cross-docking between two sites. Boughey’s turnover increased by 1.6% in the period to £18.8m, from £18.5m, while operating profit rose by […]
A quiet week for share trading in listed transport firms – but it didn’t stop an upswing in the combined share-price, with a total basket worth £16.37.4p. The swing comes predominantly from a rise in the price at Hargreaves Group, which will publish annual results on 28 February. But its profit might feel a sting after it said in in November there would be a 3% rise in pay for subcontractors – a hit of £750,000. When it comes to […]
Efforts to make Boughey Distribution a more efficient and therefore attractive option for subcontractors have paid off, according to owner NWF Group.
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 […]