NWF Group saw its half-year pre-tax profit leap by 26% after landing a major new food distribution contract and buying another three fuel distribution operators. Reporting its first half-year results to 30 November 2019 the fuel, food and feed distributor, which owns Palletline member Boughey Distribution, unveiled a 5.6% rise in turnover to £348.9m (H1 2018: £330.5m). In the same period pre-tax profit jumped 26.3% to £2.4m (H1 2018: £1.9m). NWF’s fuels division saw revenue up by 10.6% to £245.9m […]
Howard Tenens remains confident that it is “well positioned” to grow its business, despite posting a 15.4% drop in pre-tax profit last year.
A company set up to buy the business and assets of Slough-based Mark Priestley SDT, which entered insolvency proceedings last year, has failed to make payments in line with the agreed terms, according to the administrator.
The Reed Boardall Group has defied rising costs and fierce competition in the transport sector to deliver a 13% rise in underlying pre-tax profit.