Fowler Welch saw pre-tax profit fall by more than a third in the first half of its current financial year, after it was hit by the late delivery of new ambient contracts. Pre-tax profit at the fruit and vegetable distributor dropped to £2.3m in the six months to 30 September 2016 (2015: £3.5m), despite the division seeing an 11% increase in turnover to £80m (2015: £72.3m). Parent company Dart Group said margins were hit by new ambient contracts starting later […]
WH Malcolm saw pre-tax profits rise by more than half last year but warned that the Covid-19 pandemic will have an adverse impact on the company’s performance this year, despite a strong performance from its logistics division in the food and drink sector during lockdown.
The transition from Norbert Dentressangle to XPO Logistics in 2015 saw the 3PL make strong turnover gains across its three primarily road transport based activities in the UK.