Scotland-based food and drink wholesaler JW Filshill saw its turnover remain stable at £214m in the year ending 31st January 2025, which it claimed was in line with the overall market trend amid “challenging market conditions”.
However, the business, which operates from Westway Park near Glasgow Airport, saw its operating profit increase 18.7% to £5m and a pre-tax rise of 22.8% to £4.9m.
Filshill, which supplies KeyStore convenience stores and independent retailers across Scotland and the north of England, as well as national accounts including the Scottish Prison Service, noted that it had continued to deliver against its corporate strategy and future ambitions, while driving efficiency across the business.
Keith Geddes, chief financial and operating officer, said: “This improved efficiency is more essential than ever, given the increase in costs driven mainly by changes to fuel, living wage and employers’ national insurance costs.
“The company has also invested heavily in the upskilling of many employees to take full advantage of advancements in artificial intelligence and ensure that we make use of these tools across all areas of the business.
“We also continue to push forward with heavy investment in other areas of technology, such as the innovative use of data, tracking software, and industry-specific opportunities such as electronic shelf-edge labels.”