Wincanton has warned of “trading profit headwinds” that it experienced in April, May and June, but expects pre-tax profit to remain inline with expectations. At its AGM today shareholders were told that: “In the period since the year end, we have seen year-over-year growth in revenue primarily driven by organic growth in the retail and consumer sector. “The group has experienced weaker than expected performance in some of its transport-related contracts and activities and these have created some trading profit […]
WH Malcolm saw pre-tax profits rise by more than half last year but warned that the Covid-19 pandemic will have an adverse impact on the company’s performance this year, despite a strong performance from its logistics division in the food and drink sector during lockdown.
C Butt has made its largest pre-tax profit in five years, and is back in the black for the first time in three years.