Nagel Langdons sees 10% drop in 2021 trading due to Brexit and pandemic


 

Nagel Langdons is predicting a 10% permanent trading loss this year as it continues to feel the reverberations from the UK’s departure from the European Union and the Covid-19 pandemic. Revealing its results for the year to 31 December 2020 the company said turnover had fallen to £7.8m (2019: £8.2m), whilst pre-tax profit plunged to £146m, from £160m in the previous year. The company employs over 1,530 staff and specializes in food and drink logistics and temperature controlled warehousing from […]