News 2010

Bestway Cash and Carry group, the UK's second largest cash and carry operation held the its annual Bestway Performance Awards ceremony this week to recognise the contribution made by both its staff and suppliers during 2008 to both Bestway and Batleys. The awards were held at the prestigious Landmark Hotel in London.

2nd March 2009

Bestway Cash and Carry group has launched a new state of the art direct way of ordering for its Bestpets brand. Independent pet food retailers can now order at the click of a button via an exclusive, purpose designed CD ROM catalogue. This extends the choice of ordering between, telesales, ordering from the website or the new CD ROM service.

Zameer Choudrey, Group Chief Executive of Bestway announced today that for the year ended 30 June 2008, the Group's annual turnover had grown to £1.89 billion from £1.81 billion, an increase of 4.6% while profits declined by 6.1% to £63.9 from £68.1 million in 2007 million. All businesses made a profit before tax for the year ended 30 June 2008 except for cement which showed a loss before tax.

During the year the global economy witnessed a significant slow down as customers continued to respond to concerns about the deteriorating housing market; food inflation; rising energy costs and tighter credit conditions.

However, Mr. Choudrey extolling the resilience of the Bestway's business model said, "Given our fundamental strengths, cash control, financial flexibility and stock management as well as dedicated staff, loyal customers and excellent relations with supplier partners, Bestway Group is well positioned to withstand the toughest of economic challenges".

23rd January 2009