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 […]
UK Mail Group saw turnover and pre-tax profit climb last year thanks to increased volumes, winning new business and retaining existing customers in its parcel and mail divisions.
UK Mail Group is expecting a 13% increase in turnover for the first half of this year, as it moves into a “challenging” 2013. Excluding Royal Mail price hikes that came into force on 2 April, the group is expecting a 10% increase in turnover on last year’s figures, as revealed in its pre-close trading statement published today (9 October). The firm stated that its performance in the first half of this year, ended 30 September, was “satisfactory” and in […]
Are there signs of recovery? Well, if the MT basket of transport shares is anything to go by there has been a little bit of growth in the past month. But this doesn’t tell the full story for all of our big eight transport firms listed on the London Stock Exchange.