Reed Boardall Group’s financial performance continues to show resilience

04/01/2019

FSDF member and Yorkshire-based cold storage and transport business The Reed Boardall Group Limited has once again achieved strong results despite operating in a highly competitive market with rising costs. The company grew turnover to £61.6m in its last financial year (ending 31 March 2018), a 2.3% rise in revenues from £60.2m last year.

Boroughbridge-based Reed Boardall, one of the best-known names in temperature controlled logistics for the last 25 years, was also able to continue its consistent, steady performance by achieving increased volumes compared with the previous year. The company saw adjusted EBITDA hold steady at £3.44m (2017: £3.53m).

“As a trusted partner to many of the leading retailers and food manufacturers in the UK, remaining at the forefront of the sector and continuing to provide high levels of service, implement meticulous safety procedures and invest in the latest innovations remain a priority,” explains Marcus Boardall, deputy chief executive of The Reed Boardall Group.

SOURCE: https://www.shdlogistics.com/news/reed-boardall-groups-financial-performance-continues-to-show-resilience

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