NFT Distribution cuts losses as annual turnover reaches new high

NFT Distribution
 

NFT Distribution recorded its highest-ever annual turnover in the year to March 2017, with a more than 27% increase to £202m. It also essentially halved its pre-tax loss, which was £9.5m (2016: £18.3m). NFT chief financial officer Jay Edwards said the integration of NR Evans – purchased in 2016 – had broadened its offer and led to a recent deal outside its traditional grocery market. A three-year renewal with Asda and the recent achievement of Aldi preferred platform status will […]