NWF Group – owner of grocery distribution specialist Boughey Distribution – has reported Q1 trading has been “marginally ahead of the same period last year with net debt reflecting the normal seasonal fluctuations”. Speaking at the group’s AGM, NWF chairman Philip Acton said fuels has traded ahead of the same period in 2018, with recent acquisitions performing as planned and integration progressing smoothly. “The business is continuing to invest in systems and people,” he added, “which will improve efficiencies and provide […]
Boughey Distribution’s parent company NWF Group says trading for the year ended 31 May has been in line with expectations. However, its food division, which incorporates the activities of Boughey Distribution, has experienced a weaker second half, which NWF says reflects lower volumes stored in the business. Nevertheless, the division’s profit contribution is expected to be ahead of expectations when the full-year results are announced on 14 August. NWF’s fuel distribution business has suffered a “disappointing” year, which the group […]
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 enjoyed a solid year of growth despite cut-throat competition amongst the supermarkets, with its Palletline operation growing faster than expected.