Norish reports half-year profit drop

Bury St Edmunds, UK: Multi-temperature warehousing business Norish reported pre-tax profits of £186,000 for the six months ended 30 June. This compares with pre-tax profits of £208,000 for the same period last year.

Turnover from continuing operations increased by 7% to £5,338,000 whilst earnings per share decreased to 1.8p, compared to 2.1p for the same period last year.

The company’s cold store business performed better than the first half of last year, primarily due to increased turnover. However, the business suffered from increased power costs and an increase in labour intensive handling activities for some of its customers, the company said.

The site at York did not perform as well as the same period last year due to an across the board fall off in stock holding and throughput which the company expects to correct to some degree in the second half of the year.

The board does not recommend a payment of an Interim dividend, unchanged from last year.

WORLD NEWS

Carrier’s NaturaLine cools grocery kiosks

Singapore: Robotic kiosks that provide automated and contactless dispensing of groceries for consumers are being sustainably refrigerated by Carrier Transicold NaturaLine units, the world’s first …

READ THE FULL STORY >

Amarillo Thermo King is 2020 North America Dealer of the Year

Minneapolis, Minnesota, USA: Thermo King presented its 2020 North America Dealer of the Year award to Thermo King Amarillo. The award was the culmination of …

READ THE FULL STORY >

Irish freight finds new routes

Dublin, Ireland: The volume of freight shipped across the Irish Sea from the Republic of Ireland to Britain is down significantly despite government claims that …

READ THE FULL STORY >

Leman expands pharma warehouse capacity

Greve, Denmark: International freight forwarding and logistics company Leman is expanding its pharmaceutical warehousing capacity in Greve. In collaboration with two of the company’s pharmaceutical …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

@MartinSLewis Thought I heard Rishi Sunak say that SEISS 5 would cover May-September (same as furlough?). Might be wrong!

© 2021 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ