Fowler Welch saw turnover increase during the first half of this year after taking over transport operations at Dairy Crest’s Nuneaton NDC in 2016. According to parent company Dart Group’s interim results, the food distribution business saw turnover rise 4% to £83m in the six months to 30 September 2017 (2016: £80m), also helped by increased volumes at its Teynham and Heywood sites. Operating profit only marginally increased to £2.4m from £2.3m during the same reporting period last year, which […]
Unexpected behaviour by supermarket customers, alongside the closure of its operating base in the Europe, led to a fall in turnover and pre-tax profit at Fowler Welch.
Fowler Welch has reported a broadly static half-yearly revenue for the period ended 30 September, achieving £78.1m (2013:£78.2m), with its operating margin also holding firm at 2.7% (2013:2.7%).
Food distribution specialist Fowler Welch has spent £2m on a major refurbishment of its temperature controlled depot in Spalding, fuelled by a growth in business which saw the company boost turnover by 13% last year.