Fuel, food and feed distributor NWF Group, owner of Boughey Distribution, saw pre-tax profit for the year ended 31 March 2020 grow 36.1% to £13.2m (2019: £9.7m). Revenue for the period increased by 2.4% to £687.5m with market share gains in fuels and feeds and solid performance in food. The group completed and integrated three fuels acquisitions during the year, increasing the scale of the business by over 20%. Food’s new 240,000sq ft warehouse, now fully racked, increased total storage capacity by 35% […]
Food transport provider Nagel Langdons increased revenues by 7% to £160.9m in the year ending 31 December 2019.
The new owner of Osborne Motor Transport is looking to grow the firm’s turnover by £1m to £4.5m over the next three years, expand its newly liveried fleet and move to new premises.
Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged.