Temperature controlled distribution specialist Fowler Welch (FW) has just completed a £2m upgrade of its largest site, in Spalding, Lincolnshire, after a year which saw turnover rise 13% to £163m in the 12 months to March 2017. CEO Nick Hay says much of the money was spent upgrading the cold store and staff facilities rather than expanding the site. “Spalding is an old site, so we’ve just taken the oldest part and stripped it out completely,” he says. “We have […]
Fowler Welch boosted revenue 6% to £152.4m for the year ended 31 March, with pre-tax profit up to £3.9m, from £2.6m the previous year. The FMCG specialist downsized its container division in the period, with the closure of its Felixstowe site. It now runs a smaller operation from its site in Alconbury, Cambridgshire that has seen an improvement in miles per truck. It has also reduced its number of tractor units. Performance was boosted at its 50,000 pallet ambient consolidation […]
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%).
Fowler Welch has a ‘bright, interesting and profitable’ future ahead, according to its parent company.