FDBusiness.com

ACS&T Logistics announce 14% growth for 2011

 Breaking News
  • Irish Supermarkets Benefit From the Christmas Spirit The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 31 December 2017, reveal that shoppers spent an extra €90 million on groceries over the festive period. David Berry, director at Kantar Worldpanel, comments: “Over the Christmas period the average household spent a record €1,532 on groceries – an increase of [...]...
  • Britvic Continues to Put Health at the Heart of its New Sustainable Business Programme Britvic has launched ‘A Healthier Everyday’, its new sustainable business programme which builds on its commitment to: help consumers make healthier choices; support the well-being of communities; and minimise its impact on the planet. The creation of ‘A Healthier Everyday’ follows a review by the company into how it can ensure that its sustainability programme is [...]...
  • Bayn Europe Sets Up Chinese Subsidiary For Sugar Reduction Bayn Europe AB has signed a joint venture agreement with real estate development company HuaHe International Asset Management to introduce sugar reduction to the China market. Both partners agreed on a co-operation model and mutual commitments for the set up of joint venture. Bayn will hold 65% of equity and HuaHe will hold 35%. Further to [...]...
  • Ishida X-ray Flexibility Ensures Premium Product Quality Ishida X-ray inspection technology is helping to maintain the premium quality reputation of one of Russia’s most popular traditional snack brands. The ‘ROSTRAGROEXPORT’ company was founded by Mr Boris Aleksandrov in 1995, who spotted a niche in the Russian food market for a good quality traditional curd snack.  Its ‘B.Y. Aleksandrov’ brand, named after the company’s [...]...
  • ‘Latte Levy’ – Coffee Drinkers Want to Go Green, But Price is a Barrier As the UK Government aims to eliminate avoidable waste with the announcement of its 25-Year Environmental Plan, Mintel research reveals that Britain’s coffee shop drinkers are happy to do their bit for the environment, but not at any cost. 40% of out of home hot drinks consumers wouldn’t mind paying extra for drinks served in 100% [...]...

ACS&T Logistics announce 14% growth for 2011

May 14
16:23 2012

Temperature controlled logistics specialists ACS&T have announced their latest figures and demonstrated the success of their management strategies with significant growth and a return to profit.

ACS&T, which provides supply chain solutions to the food industry, operates nationally from key locations at Wolverhampton, Tewkesbury, Scarborough and Grimsby and is celebrating a healthy 2011 following a raft of business wins and the growth of existing contracts.

Managing Director Malcolm Johnstone says, “Following a challenging 2010, it’s an endorsement of the commitment of the business and our customers to see the profitable growth we predicted last year come to fruition. Strategic investment in the business and new contracts with companies including Ideal Foods and Coldwater Seafood, as well as the significant extension of a number of existing deals, has allowed ACS&T to thrive and we are able this year, to announce we are once again in profit.”

The company have seen turnover increase from £16.4 million in 2010 to £18.7 million in 2011 and pre-tax profits increase by an impressive £1.2 million. Malcolm Johnstone says, “I believe the quality of the services we offer is the driving force behind the new contract wins, and the extension of existing deals with long-term trading partners, including a five-year contract with 3663, has helped strengthen our business and allowed us to grow. Our balance sheet remains strong and continues to be cash-generative. Further cost-saving initiatives and considerable investment and improvements to our foodservice offer have allowed us to attract new business and increase turnover while remaining competitive, and next year we expect even more success.”

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Anfas Food Product
  • January 17, 2018Dutch Organic Trade Fair
  • January 19, 2018International Green Week
AEC v1.0.4

Jobs: Logistics

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements