Grocery distribution and warehousing specialist Boughey Distribution is experiencing a surge in activity as customers make contingency plans in case of a no-deal Brexit. Providing an update today in parent group NWF’s half-year results to 30 November 2018, chairman Philip Acton said Boughey Distribution was experiencing high activity rates. He added this appeared to be being driven by customers “considering their options for storing additional stock as a contingency against a hard Brexit” and Boughey Distribution had benefitted from the […]
A quiet week for share trading in listed transport firms – but it didn’t stop an upswing in the combined share-price, with a total basket worth £16.37.4p. The swing comes predominantly from a rise in the price at Hargreaves Group, which will publish annual results on 28 February. But its profit might feel a sting after it said in in November there would be a 3% rise in pay for subcontractors – a hit of £750,000. When it comes to […]
Customers stockpiling for the UK’s original departure date from the EU drove Boughey Distribution to record a leap in turnover and operating profit in the year to 31 May 2019.
Boughey Distribution bounced back into the black last year, converting a £754,000 pre-tax loss into a profit of £310,000.