Fowler Welch profits up 27% despite dip in turnover


 

Fowler Welch said its sale last year to Culina Group had strengthened its ability to overcome challenges and enhanced its services. In a statement from its directors, the food logistics company also said that the sale of its Heywood site last October had enabled it to focus on its core chilled business. The comments came in its latest available financial results, which showed that in the year ending 31 March 2020, the company’s revenue dropped 6.6% to £166.8m. However, pre-tax […]