Margins tighten at Fowler Welch

Leeds Bradford Airport, UK: Dart Group, owner of Fowler Welch Coolchain, has said it is on track to meet full-year forecasts despite challenging conditions in its aviation and distribution businesses.

Dart said its Fowler Welch distribution business continued to grow revenues but margins are tightening. Dart’s aviation business was proving particularly difficult because of weaker consumer demand. Dart reported increased turnover of £543m for the year to 31 March 2011.