Impact of Covid-19 and Brexit uncertainty hit NWF interim profits


 

Fuel, food and feed distributor NWF saw performance fall in the latter half of last year as the impact of Covid-19 and Brexit uncertainty took its toll on the business. Reporting its first half-year results to 30 November the group revealed that group revenues had fallen by 11.3% to £309.4m (H1 2019: £348.9m) with operating profit down 14.3% to £3m (H1 2019: £3.5m). However the group, which owns Boughey Distribution, said it remains financially strong and is continuing its acquisition […]