Boughey Distribution said it had a “positive” year in food distribution despite difficult conditions caused by supermarkets that are fighting for market share deflating prices. Turnover at the division of NWF Group for the year-ending 31 May rose to £37.2m, up from £36.4m in 2014, while operating profit in the division increased by 25% to £2.5m, compared to £2m in 2014. Last year it consolidated its operations into a single site at Wardle, Greater Manchester, meaning that it no longer […]
Palletline member Miniclipper Logistics has admitted volumes have not been hit as badly as expected by the COVID-19 pandemic but that companies without a warehousing side might struggle to survive.
Boughey Distribution parent NWF Group has revealed that its pre-tax profit fell by a third, despite a 16% increase in revenue. Revenue rose to £540.2m for the year-ending 31 May, up from £463.8m 2011. However pre-tax profit dropped to £5.1m, compared to £7.6m in the previous financial year. Chief executive Richard Whiting says: “NWF has delivered a profit in line with the board’s expectations and has been successful in reducing debt further than expected.” Fuel division NWF Fuels continues to […]
Palletline has extended the lease on its Coventry hub following strong growth.