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 […]
Pall-Ex Group has agreed a management buyout that will see founder, owner and chairwoman Hilary Devey step away from the day-to-day running of the business.
With UK banks under constant fire for failing to lend to British businesses, it is refreshing to talk to a banker who is positively eager to work with UK operators. Graham Winslet is sales director of BNP Paribas Rental Solutions, a wholly-owned subsidiary of BNP Paribas, one of the strongest banks in the world (rated AA by Standard & Poor’s). He is responsible for growing the CV contract hire business, which currently owns around 15,000 CVs in France and the UK.
Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes.