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 […]
Today Wincanton posted what its MD Eric Born (pictured) called a “boringly predictable” set of half year results, with a 1.6% decline in group turnover and a 2.6% increase in operating profit.
Boughey Distribution has updated its fleet with 50 new curtainsiders from Tiger Trailers, replacing older assets and increasing Tiger’s share of the fleet to more than 75%.