Fowler Welch saw turnover climb 6% to £178.7m in the year to 31 March, although annual profit was pegged back due to operational inefficiency at certain depots. Topline growth was driven by two “significant contracts” that commenced mid-way through the financial year, as well as organic growth. In its results statement, parent company Dart Group said that while Fowler Welch had performed well in the year, varying chilled volume profiles at certain depots led to some operational inefficiency as customer […]
UK Mail chief executive Guy Buswell has said the company will be investing in its depot network and automated sortation equipment after delivering an18% uplift in pre-tax profit.
Davies Turner & Co has increased turnover and pre-tax profits despite “tough trading conditions” last year, according to its latest annual results.
Fowler Welch MD Nick Hay has strong views on fleet replacement cycles and the switch to Euro-6 as he explains to Steve Hobson Fowler Welch runs a fleet of 400 units and 800 trailers from 10 sites around the UK. Best known as a chilled operator, it dropped the ‘Coolchain’ from its public name in 2011 as it expanded into ambient distribution and today around 30% of its revenues come from the ambient side of the business.