Landmark gives record payout to its members

Landmark Wholesale has reported a record year for its 32 members, delivering the highest dividend payments in the group’s 37-year history.

Members have also received their best ever income and distribution and its Central Distribution function has achieved record sales over the 2008/2009 period.

Managing director Martin Williams explained: “We have always been very proud of the open and honest way that Landmark Wholesale is run to the benefit of its members. From day one we have been run by our members for our members and this fantastic achievement of being able to deliver record results for them is proof of this.

“We have robust and credible structures and strategies in place to ensure this success, including quality terms for our members. We operate negotiated group pricing for all members and have an open book accounting system.”

In addition to the record results, he said, the group purchased and moved into a new central office in Milton Keynes five months ago, which is a freehold building and an asset owned directly by the membership, demonstrating the strength of its membership and its commitment to the group for the future.

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