Clugston Distribution delivers record year of growth

CLUGSTON Distribution, a division of the privately-owned Clugston Group, has announced a 5% increase in turnover to £16.1m and profits of £400,000 before interest for the 2015-16 financial year.

The Scunthorpe company attributed its success to a “clear strategy on being a high quality tanker operator” while specialising in the five key areas of fuels, bulk powders, bulk food, steel and its commercial vehicle workshop activities in partnership with Renault trucks.

Since launching a new strategy in 2012, Clugston Distribution’s revenue has increased by 63%. Earlier this year the company invested £1.2m in further developing its tanker fleet capabilities and now has 20 fuel tankers on the road alongside its cement and bulk food tankers.
 
David Heath, distribution director at Clugston Distribution, said: “The 2015-16 financial year has been one of the company’s most successful. Overall, profit grew steadily throughout 2015, primarily due to maintaining simple but effective operations in markets that the company understands well.  

“We have made an exit from loss-making markets whilst strategically focussing on expanding business in key growth markets, including a commitment to invest within the fuels sector, where we have recently expanded our geographical reach by opening a Midlands depot near Melton Mowbray.”