NWF Group – owner of grocery specialist Boughey Distribution – has reported trading is in line with expectations, with figures for the half year expected to be ahead of 2018. The specialist UK distributor of fuel, food and feed said that the recent completion of two acquisitions in its fuel network, Caldo Oils and Ron Darch & Sons, was in line with a strategy to expand its geographical footprint and grow market share. In a trading update it said these acquisitions are […]
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]
Shares in road transport businesses continue to trade at record highs for the calendar year, despite a relatively quiet August and an oh-so-slight dip in the value of the MT basket of shares.
UK Mail’s bull run couldn’t last. After hitting the heights of 510pence per share last week, following a stellar set of results, it has drifted back slowly to 497p as of today – still significantly higher than the 445p the week before its full year results. Not bad work in a fortnight. But it has still helped the MT basket of six shares hit a new high for the year: £18.67…