FreshLinc profits boosted by contract wins and surging volumes


 

FreshLinc increased turnover by 3% last year, despite fuel surcharge revenues falling following the Spring 2020 collapse in oil prices. For the year ending 30 January 2021, the Spalding-based temperature-controlled operator reported a £111m turnover, up from £108m the year before. Pre-tax profit jumped by 51.5% to £2.3m (£1.5m). In a statement signed off by the board the company said the increase in revenue year-on-year resulted from additional new business wins and continued organic growth. Key factors driving the increase […]