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 […]
Share prices in the industry have not changed dramatically since last week. Most have seen a small increase in value, apart from Stobart, which saw its share value remain static.
2013 was a year of moves forward for every transport firm listed on the Stock Exchange. And while we lost CityLink (to a management buy-out), we gained Royal Mail – and a whole heap of market capitalisation. So without further ado – let’s find out who the big winners were!
NWF Group expects pre-tax profit for the six months ended 30 November to be greater than the same period in 2011, despite lower than expected performance in its food distribution arm. In its interim statement, the firm said its Boughey Distribution business performed “slightly behind expectations” as it did not take on as many new customers and receive as much business from existing customers as it expected, which it blamed on a “tough market environment”. NWF Fuels performed better than […]