Transport business insulated as profits rise

COLD storage and transport business the Reed Boardall Group has increased revenues and profits this year, “despite a very competitive market.”

Revenues rose to just under £66m, up 3% for the year to 31 March 2015. The Boroughbridge-based company saw profits before exceptional items rise from £2.6m in 2014 to £3.2m in 2015.

“2015 was another year of consolidation for us, building on our sound financial track record and making further inroads into eradicating unnecessary costs,” said Marcus Boardall, deputy chief executive of The Reed Boardall Group.

Sarah Roberts, finance director, added: “We have established a highly efficient operation, perfecting the art of meeting orders by combining different products from various suppliers, both big and small, and passing on these cost savings to our customers.

“Over the last year, we have been able to further streamline the business, controlling costs more stringently and ensuring optimal usage of our 142,000 pallet cold storage facility.”

Reed Boardall operates with its 180-strong fleet of vehicles and employs more than 750 staff.