Fowler Welch doubles profit in first half of financial year


 

Food distribution specialist Fowler Welch more than doubled its operating profit in the first half of the current financial year, its interim report shows. Released today, the results for the six month period ending 30 September 2015 show a 118% increase in the firm’s operating profit to £3.5m (2014: £1.6m). However its revenue saw a 7% fall from £78.1m to £72.3m. The results show the company, which is the logistics and distribution arm of parent company Dart Group is operating […]