NFT Distribution reported profit up but turnover down in its first trading year under the ownership of private equity backer EmergeVest. For the 12 months to 31 March 2015, turnover fell 4% to £162.6m, compared with £169.4m the previous year. Pre-tax profit rose 28.7% to £2.2m. NFT said the dip in turnover was mostly due to a reduction in volume-related pass-through costs in open-book contracts, and lower fuel surcharge revenues. However, it also cited 18 new customers being added to […]
Highbridge, Somerset-based RT Keedwell Holdings boosted its pre-tax profit almost 25-fold in the year to 31 October 2012, reporting pre-tax profit of £198,000 compared to just £8,000 the previous year as it recovered from a serious downturn in the construction sector.
Norbert Dentressangle has reported a 9.1% increase in pre-tax profit on the back of an 8.5% increase in annual turnover for 2012.
Chilled food specialist NFT Distribution has appointed Ross Eggleton to the newly created role of chief operating officer with immediate effect.