Nagel Langdons increases profits and turnover

Food transport provider Nagel Langdons increased revenues by 7% to £160.9m in the year ending 31 December 2019.

Pre-tax profit also grew, by 15% to £8.2m compared with £7.1m in 2018.

The temperature controlled haulage and warehousing business said it had grown organically for several years and intended to continue growing by that method.

The bulk of its turnover was generated in the UK, with reported revenues of £138m during the period.

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Its European business increased turnover by 80% to £22.8m.

In its strategic report, written prior to the current COVID-19 pandemic, the company said it expected that the requirement for food logistics would increase further as consumer demand grows: “To meet future demands the company is continually looking at its depot network facilities and intends to add to site capacity over the next few years.”

A spokesman for parent company Nagel-Group said it was satisfied with the results and added that its team in Nagel Langdons was “rising to the challenge” during the current pandemic to keep food on the shelves in the UK and Europe.

“We also do everything in our power to protect our employees,” he added. “Together we must follow the communicated measures strictly.

“It is crucial to take the situation seriously to prevent it from escalating further.”