New truck order hails ‘significant improvement in financial performance’
The order follows a “significant improvement in financial performance, despite COVID-19”.
CEO Steve Granite said: “Performance in the current financial year to June 2020 has seen a major improvement on previous years and a return to profitability since earlier this year.
“I am incredibly proud of what our team has achieved since we made structural and operational changes in late 2018, and not only are we back to where we should be financially, our service to customers is back to industry leading standards and our workforce is motivated and engaged.
“Our workforce engagement levels are the best I’ve seen, and we’ve supported our key workers through COVID with increased sick pay, a bonus to be paid at Christmas and support including health packs and online fitness classes to recognise their hard work and dedication to keeping the UK’s food supply chain flowing.”
The Group said its increased business pipeline along with the renewed energy and customer focus reflects the company’s confident outlook, and it added more investment was planned in its fleet in 2020 as the company continued to see growing sales despite challenging market conditions.
Abbey’s latest order is a mix of DAF CF and XF trucks and Mercedes Benz’s latest generation Actros. The vehicles are expected to go into service in September and will operate across Abbey’s large fleet of bulk liquid and powder road tankers.
The majority of vehicles in this order are dual purpose which means they are equipped with both pumps for liquid products and blowers for powder or granulated products. The benefit of this is that they can be used across both liquid and powder operations creating additional flexibility in the fleet.
Gary Lawson, Abbey Logistics national fleet manager, said: “Following extensive trials of these vehicles, we felt each model would benefit our fleet and our customers in different ways depending on the type of work it would be doing.”