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HVAC & Refrigeration show opens next week

London, UK: The HVAC & Refrigeration show opens at London’s ExCel Centre next week.

This year sees the launch of a new sector – Refrigerated and Chilled Food Transportation, and FSDF, along with members Montracon and Marshalls Fleet Solutions, are exhibiting.

Montracon has a 44-pallet lifting second deck refrigerated trailer on show at the exhinition.

The HVAC & Refrigeration Show formerly the ACR Show, is a three-day exhibition for the refrigeration, air conditioning, ventilation, heating and heat pump sectors, running from 23 to 25 January 2018.

HVAC & Refrigeration Show will showcase a series of live debates on key issues as well as a three-day seminar programme with speakers invited from UK and European Associations. As part of the programme, FSDF’s chief executive Chris Sturman will chair the Brexit discussions along with a panel of experts from across the food supply chain.

NFT’s group revenue jumps nearly 30%

NFT reports its revenue up 27.5%

Alfreton, Derbyshire, UK: Chilled food distribution company NFT Distribution Holdings has reported an increase in group revenue of 27.5% to £202.2m (2016: £158.8m) for the 12 months to 31 March 2017.

NFT says that the results present an operating EBITDA margin of 3.2% and “reflect the continued investment by the business in increasing capacity to facilitate future growth”.

Loss before interest and tax for the year was reported at £4.3m (2016: £13.4m).

NFT says that it made significant progress on its multi-year strategic plan; achieving record revenue; completing the acquisition of NR Evans Holdings Limited in July 2016; increasing activity levels at the new multi-temperature logistics facility at the Port of Tilbury; investing in operational excellence; winning significant new business; and bolstering its capital structure.

Heath Zarin, chairman of NFT and managing director of EmergeVest (NFT’s owner), said: “We are pleased with the progress made during fiscal year 2017, which positions us well to achieve our strategic objectives. We have gained further momentum in fiscal year 2018 and look forward to exciting announcements in the near-term.”

CoolKit bucks industry trend with sales growth of over 20%

Burnley, UK: Van conversion company CoolKit saw revenue growth of 21% in 2017 – despite a contraction in the light commercial vehicle market at large.

Rupert Gatty, managing director, CoolKit: innovations and improvements had set CoolKit “far above our competitors”

The past year saw the company’s revenues exceed £12m for the first time. Growth in the sale of converted vehicles was the main driving factor behind the growth, with 360 vans sold, an increase of 11% over 2016.

The performance came as figures from the Society of Motor Manufacturers and Traders (SMMT), showed that the overall light commercial vehicle market contracted by 3.6%.

Over the year CoolKit secured orders for major fleets including AAH Pharmaceuticals, Iceland Foods, Marks & Spencer, Lex Autolease and Vanarama.

CoolKit also secured accreditations from world-class manufacturers including Toyota, Renault Trucks, Volkswagen Commercial Vehicles and Ford Motor Company during 2017.

Rupert Gatty, managing director of CoolKit, said that a series of innovations and improvements had set CoolKit “ far above our competitors in terms of the capability of our insulated bodywork”.

“Our first fleet order for new ultra-light ibox bodywork provided the user with the benefit of a demonstrable 1,200kg usable payload – a new industry benchmark.

“In 2018 we will be continuing to focus on delivering the best products and service to our customers, aiming for outstanding customer satisfaction and maintaining our reputation as the industry leaders in the refrigerated transport market.”

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