Contract logistics growth boosts Wincanton half-year turnover


 

A strong performance in Wincanton’s contract logistics business saw turnover jump in the first half of its financial year, but losses in its Pullman Fleet Services division slowed profit growth. Group turnover increased 5.8% to £582.8m in the six months to 30 September (2014: £550.9m), mainly driven by strong volumes in open book contracts and new and renewed business wins, including extended contracts with long-standing customers Dairy Crest and HJ Heinz. Pre-tax profit crept up 1.6% to £12.9m (2014: £12.7m). […]