NFT Distribution well placed for growth despite exceptionals and tough grocery market


NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper. The bulk of the costs related to a “major incident” that saw the M1 closed for 18 hours on 2 December 2015 and the start of a new client contract at Daventry. “These costs are provided for in full but are still the subject of detailed negotiations, which precludes us […]